Odaily Planet Daily News: The co-founder of decentralized finance giant Lido, along with a group of cryptocurrency veterans, is preparing to launch a blockchain identity platform 'Y' aimed at competing with World Network. It is reported that Y will not use biometric data but will instead look at the traces left by people when using the internet to verify whether they are human. According to Y's planning documents, this approach can mitigate privacy risks and minimize fraud—contrasting sharply with World’s reliance on iris scanning. (CoinDesk)