OPINION: ZK Proof Too Complex for Decentralized Identity for Government and Agency Adoption
On October 24, Ingo Rübe, CEO and co-founder of decentralized identity provider KILT Protocol, said the highly technical nature of ZK proofs makes it difficult for governments and institutions to adopt them. Decentralized identifiers, such as biometric data, which can be selectively shared with parties and verified on-chain using the Merkle tree, are easier, faster and more efficient than ZK proofs, it explained.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%
Data: The current Crypto Fear & Greed Index is 29, indicating a state of fear.
Trending news
MoreCrypto prices
More
