As it introduces its On-Chain KYC with its privacy engine – a trustless and verified identity compliance in Web3 – RNS.ID (https://rns.id/), the Republic of Palau’s official blockchain identity for its Digital Residency Program, attracts the attention of zkSync.

The implementation of zero-knowledge proof and Merkle root-hashed ID attributes is intended to support the functional privacy features for on-chain legal ID provided by zkSync, which is regarded as the core innovation to RNS’s digital ID programme. The KYC verification process is sped up because to these features, which also provide individuals and organisations complete sovereignty over their own information and data that is completely secure.

A solution for on-chain trustless KYC

The user’s multiple verification processes by various requirements are eliminated by this way. This feature enables unfettered access to and usage of the web3 by using ZK Proofs to “mask” one’s personal information without disclosing one’s sensitive data. The security aspects in the onboarding process can be integrated in multiple ways using the RNS API.

Source: Prnewswire