Billions.Network Launches Privacy-Focused Digital ID to Rival Sam Altman's Worldcoin
Summary
Billions.Network has launched a digital identity verification platform using zero-knowledge proof technology, offering a non-biometric, privacy-focused alternative to existing systems. Over 9,000 projects, including TikTok and World, have implemented its framework, Circom. Financial institutions like Deutsche Bank and HSBC have tested the system. The platform addresses privacy concerns by verifying identities without storing biometric data and offers token-based incentives. It is collaborating with the Indian government to integrate with Aadhaar. Originally developed as PolygonID on the Polygon blockchain, the project has expanded into a broader verification network.
