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zkPass

zkPass

zkPass is a decentralized KYC solution based on MPC (Multi-Party Computation) and ZKP (Zero-Knowledge Proof), which aims to overcome the various flaws in the current KYC system, eliminate the pain points related to identity authentication, and protect user privacy while expanding KYC capabilities.

OverviewStructured DataIssuesContributors

Contents

zkpass.org
Is a
Cryptocurrency
Cryptocurrency

Cryptocurrency attributes

Industry
Cryptocurrency
Cryptocurrency
Blockchain
Blockchain
Blockchain and cryptocurrency
Blockchain and cryptocurrency

Other attributes

B2X
B2B
B2B
CEO
‌
Bing Jong
Email Address
info@zkpass.org
Investors
‌
IOBC Capital
Animoca Brands
Animoca Brands
L2 Ventures
L2 Ventures
Amber Group
Amber Group
dao5
dao5
‌
Taisu Ventures
Latest Funding Round Date
October 17, 2024
Latest Funding Round Amount (USD)
12,500,000
Latest Funding Type
Series A
Series A
Location
‌
New York, New York, United States
Medium URL
medium.com/zkpass
Number of Employees (Ranges)
11 – 50
Partner Organizations
CeresCredit
CeresCredit
Phone Number
+85268570814
Total Funding Amount (USD)
12,500,000

zkPass is a decentralized KYC solution based on MPC (Multi-Party Computation) and ZKP (Zero-Knowledge Proof), which aims to overcome the various flaws in the current KYC system, eliminate the pain points related to identity authentication, and protect user privacy while expanding KYC capabilities.

Key Features
  • Generality: Individual users can generate and reuse their identity multiple times, and their information will not leak to any third party throughout the multi-party interaction.
  • Customization: Enterprise users can select and configure KYC templates on demand to meet KYC needs in different dimensions, while the verifying party knows nothing about the data.
  • Privacy-preserving: Strong data privacy-preserving is achieved through MPC (interaction session) and ZKP (proof session), while the parties to the agreement do not know the data.
  • Compatibility: zkPass Protocol is backward compatible and widely adapted to the current data source protocol, while the data source does not know the data destination.
  • Decentralization: The zkPass Protocol is completely decentralized as there is no centralized service to store sensitive user data.
zkPass’ Solutions
  • zkPass Protocol: A decentralized open source protocol consisting of Transport Layer Security, Multi-Party Computation, Zero Knowledge Proof, and other technologies. It is run by zkPass Node to build a decentralized Verifier that participates in the three-party TLS protocol.
  • zkPass Kit: Build a Prover for the three-party TLS protocol on top of the TCP layer alongside the HTTP layer in the form of a plugin/SDK. Business users select or customize a suitable KYC template according to their needs, configure the template into zkPass Kit in the form of parameters, and initiate KYC requests to the smart contract on the blockchain.
  • Smart Contract: 1)Template: Store templates and related parameters to prevent Verifier from cheating.2)Task: Assign tasks to specify MPC participants to prevent Verifier from conspiring.3)ZK Verification: verify ZKP to prevent user privacy leakage.

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