Post
Does every KYC feel like 'running naked'? Midnight tells you that you can just 'blur it out'. I wonder if you have had this experience: registering on an exchange, the KYC process requires you to upload your ID card, a selfie, and even record a video. Although it is for safety, every time I finish, I feel like my privacy has been exposed. Not to mention the dire consequences if the data of this exchange is leaked. In this era where data is an asset, we are forced to 'run naked' time and again.
That's why when I first learned about Midnight Network, I felt like I had found an organization. The core issue it addresses is precisely the dilemma we face every day in the Web3 world—how to prove 'who I am' without disclosing all the information about 'who I am'.
Midnight's solution is very elegant; it has clarified digital identity. Through zero-knowledge proof technology, you can have a 'verifiable credential'. For example, you can complete a KYC through an authoritative institution (like an exchange) and then obtain an encrypted credential. After that, when you need to log into another DApp, you do not need to repeatedly upload your ID card; you only need to present a ZK proof to demonstrate 'I am a compliant user' or 'I have passed KYC', without revealing your real name, address, and other information.
It's like you have a digital ID card, but each time you use it, you can selectively 'blur it out'. You can only let people see 'this certificate is real', 'the holder of this certificate is over 18 years old', 'the credit score of this certificate is greater than 700', while the core personal information is always in your hands, stored off-chain or controlled by you after encryption.
This is what a Web3 digital identity should look like—data ownership belongs to the user. Midnight not only provides privacy protection for individuals but also offers a secure and auditable data-sharing framework for institutions. If future DApps can be built on this paradigm, we won't have to worry about our privacy being sold cheaply as a commodity anymore. Projects that fundamentally protect data ownership must be known to everyone. @MidnightNetwork #night $NIGHT $ETH
That's why when I first learned about Midnight Network, I felt like I had found an organization. The core issue it addresses is precisely the dilemma we face every day in the Web3 world—how to prove 'who I am' without disclosing all the information about 'who I am'.
Midnight's solution is very elegant; it has clarified digital identity. Through zero-knowledge proof technology, you can have a 'verifiable credential'. For example, you can complete a KYC through an authoritative institution (like an exchange) and then obtain an encrypted credential. After that, when you need to log into another DApp, you do not need to repeatedly upload your ID card; you only need to present a ZK proof to demonstrate 'I am a compliant user' or 'I have passed KYC', without revealing your real name, address, and other information.
It's like you have a digital ID card, but each time you use it, you can selectively 'blur it out'. You can only let people see 'this certificate is real', 'the holder of this certificate is over 18 years old', 'the credit score of this certificate is greater than 700', while the core personal information is always in your hands, stored off-chain or controlled by you after encryption.
This is what a Web3 digital identity should look like—data ownership belongs to the user. Midnight not only provides privacy protection for individuals but also offers a secure and auditable data-sharing framework for institutions. If future DApps can be built on this paradigm, we won't have to worry about our privacy being sold cheaply as a commodity anymore. Projects that fundamentally protect data ownership must be known to everyone. @MidnightNetwork #night $NIGHT $ETH
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