**News Flash: Parity Technologies Unveils Web3 Identity Solution**
Parity Technologies is set to launch a groundbreaking Web3 identity solution called Proof-of-Ink. This innovative system will allow users to verify their digital individuality through unique, algorithmically generated tattoos, ensuring privacy and security.
**Key Details:**
- **Launch Timeline:** Proof-of-Ink is expected to debut in Q4 2024.
- **Mechanism:** Users will receive unique tattoos in a specific body location, verified on the blockchain.
- **Cost:** A small balance of Polkadot (DOT) tokens will be required to prevent spam.
- **Verification:** Users must upload a video of the tattooing process for final proof.
Co-founder Gavin Wood emphasizes the importance of privacy in digital identity, aiming for a decentralized, user-centric internet. This move is seen as essential for mainstream Web3 adoption, providing a secure and private way to establish digital citizenship.