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Hypersign Product Update: Zero-Knowledge Proof Support in KYC

2024-11-26 20:37 Updates Community Research Technology

Hypersign Product Update: Zero-Knowledge Proof Support in KYC

At Hypersign, we believe that privacy and security should be the foundation of every identity verification process. We are thrilled to introduce Zero-Knowledge Proof (ZKP) support in our KYC platform—ushering in a new era of privacy-preserving digital identity solutions.
Whether you're a user looking to safeguard personal data, a business aiming for seamless compliance, or a developer enhancing application capabilities, Hypersign's ZKP-powered KYC platform delivers the cutting-edge tools you need to stay ahead in the evolving digital identity space.

What Are Zero-Knowledge Proofs?

Zero-knowledge proofs (ZKPs) enable one party (the prover) to demonstrate the truth of a claim to another party (the verifier) without disclosing any additional information. This groundbreaking capability ensures that sensitive data remains confidential while enabling secure and efficient verifications.
At Hypersign, ZKP technology underpins advanced features like:
  • Proof of Personhood (PoP)
  • Proof of KYC (PoK)
  • Proof of Age (PoA)
By leveraging the Groth16 ZK circuit, our solutions deliver tamper-resistant, verifiable proofs that are lightweight and optimized for blockchain ecosystems.

Key Features of ZKP-Powered KYC

1. Easy Integration from the Hypersign Dashboard

Integrating ZKP functionality into your KYC process has never been simpler. Hypersign’s user-friendly Entity Dashboard enables businesses to activate ZKP-powered verifications with minimal effort.
Steps to Integrate ZKPs:
1. Enable ZK Proof in Widget Configuration.
2. Add Proof Types:
  • Proof of Personhood
  • Proof of KYC
  • Proof of Age

3. Update the Widget to activate the functionality.
Explore our integration documentation for detailed instructions.

2. Supported Proof Types

  • Proof of Personhood (PoP): Verify users are real humans without exposing personal data—essential for combating bots and enhancing authenticity in decentralized ecosystems.
  • Proof of KYC (PoK): Allow users to prove KYC compliance without revealing private details, ensuring a perfect balance between regulatory compliance and privacy.
  • Proof of Age (PoA): Enable users to verify their age securely for use cases like gaming, age-restricted services, or compliance requirements, without sharing identity details.
Learn more about supported proofs to see how they can transform your applications.

3. Easy and Secure Proof Generation

Our customized Groth16 circuits are specifically designed for privacy-preserving and efficient verification. These lightweight proofs ensure robust security and quick processing, making them ideal for scalable applications.

4. Consent-Based Proof Sharing

With a "Consent First" approach, Hypersign empowers users to retain full control of their data. Users can share only the required proofs, ensuring data privacy and trust throughout the verification process.

What Value Does This Bring?

For Users:

  • Control your identity with reusable, privacy-preserving credentials.
  • Ensure your personal data stays secure across multiple verification scenarios.

For Businesses:

  • Achieve compliance and streamline user onboarding while reducing data handling risks.
  • Minimize operational complexity with seamless, privacy-focused integrations.

For Developers:

  • Quickly integrate ZKP functionality using the Hypersign Entity Dashboard.
  • Deliver cutting-edge privacy features to your users with ease.

Why ZKP Matters in Digital Identity

At Hypersign, Zero-Knowledge Proofs form the foundation of our solutions, addressing critical challenges in digital identity and verification. By enabling privacy-preserving technologies like PoP, PoK, and PoA, we are not just securing identities but also empowering users and businesses to redefine trust in a decentralized world.

Get Started with ZKP-Powered KYC Today!

Take the next step toward revolutionizing your KYC process. Log in to the Hypersign Dashboard, explore our documentation, and integrate ZKP functionalities into your application.
Book a demo and experience the future of identity verification firsthand.

About Hypersign

Hypersign is a privacy-focused KYC system that manages digital identities and access rights. It empowers users to control their data securely and seamlessly access the internet. With Hypersign’s KYC and Encrypted Data Vault (EDV), user data is protected against threats. The platform features a scalable and secure Verifiable Data Registry (VDR) and is built on Cosmos-SDK, recognized by the W3C. Hypersign ensures compliance with GDPR and other regulations while being significantly faster and more cost effective than competitors. It supports on-chain compliance, reusable KYC/KYT/KYB, Proof of Personhood, and multi-level encryption. Live across multiple chains and backed by major organizations, Hypersign offers efficient onboarding and risk mitigation. Contact us at contact@hypersign.id to explore tailored security solutions. Check the #0200F0.
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