🎉Big news for crypto enthusiasts!🎉 The decentralized blockchain network, Internet Computer Protocol (ICP), has launched a new feature called Verified Credentials (VCs). 🚀 This innovative solution aims to enhance personal data sharing while maintaining privacy and control in the web3 space. 🌐
VCs are designed to combat public discourse manipulation on social media by eliminating bots and fake accounts. They provide walletless tools and infrastructure to issue and share human credentials in a privacy-preserving manner. 🛡️
These credentials are built on ICP’s Internet Identity, a decentralized identity solution running end-to-end on the blockchain. They offer an authentication platform based on passkeys rather than passwords or seed phrases, protecting users against phishing attacks. 🛠️
With ICP’s VCs, users can manage and reuse their credentials without decentralized applications linking the data back to them. They can choose who they share their credentials with and how much information they want to give. 🔄
The first application of VCs in ICP is the Proof of Unique Humanity (PoUH), implemented by the decentralized on-chain messaging app OpenChat. PoUH ensures humans possess only one account on a platform by linking credentials to biometric data like facial, finger, or palm print recognition. 🖐️
ICP believes that PoUH will fix the issue of multiple user accounts and bots perpetrating illicit behavior on traditional and web3 social media platforms. This is a significant step towards a more secure and private web3 space! 🎯
Stay tuned for more exciting updates in the crypto world! 🌍💫