Disruptive innovation against centralized KYC? The Solana Foundation announces the launch of the identity verification service SAS.

The Solana Foundation and the Solana Identity Group ( officially launched the Solana Attestation Service (referred to as SAS), an open-source, permissionless on-chain credential protocol, which has been officially deployed on the Solana Mainnet. SAS links verified off-chain data such as KYC, geolocation, and membership identification to the user's Wallet through cryptographic signature verification, allowing the credentials to be reused across applications without repeatedly exposing personal data on-chain and avoiding the cumbersome process of repeated verification across different platforms.

SAS aims to rebuild the trust layer of the network capital market.

Today, every application establishes its own KYC verification process, manages sensitive user data, relies on isolated systems that operate independently, adds obstacles for users in their usage, and simultaneously faces regulatory risks and operational expenses.

Solana is increasingly growing in the network capital market, and the applications developed must be able to scale the verification of compliance status, unique user attributes, local jurisdiction, and other off-chain data. The launch of SAS signifies that in the world of Web3, the blockchain is moving towards a new type of network trust system established under compliance.

Innovative way of managing personal identity credentials with SAS

Certificates can be used across application platforms: Users can store certificates in their Wallet and reuse them between applications, establishing a reputation system that allows publishers, development teams, and users to trust each other.

No need for centralized gatekeepers: Any development team or developer can use this infrastructure to establish their own credit system.

Programmable: Applications can access it by calling the SDK just once, without the need to manage a backend identification database. The design of SAS is to establish a system that is both privacy-preserving and reliable, and can be used across various blockchains.

Security and Privacy Balance: Data is only revealed when necessary to ensure that users' personal data remains secure and does not leak.

Who is the SAS identification verification group?

Solana Identity Group ) gathers several teams within the Solana ecosystem, focusing on testing, building, and implementing new verification standards, with the expectation that all Solana development teams can adopt new identification procedures.

Members of the Solana Identity Group group include "Civic": a network authentication management solution that creates reusable identities on-chain and maintains privacy in a cross-chain environment; "Solid": a global standard for one-time verification of digital identity and protection of user autonomy; "Solana ID": Establish a Solana ID card to maintain on-chain reputation; "Solana Foundation": a Swiss non-profit organization that maintains the safe development and growth of the Solana ecosystem; "Trusta Labs": pairing on-chain assets with suitable users using AI-driven Sybil attack defense, enhanced knowledge graph analysis and user targeting; "Solid": Integrate Solana's authentication service to provide users with decentralized identity and data ownership, create a Priority Pass, users can establish a unique digital identity linked to the Solana wallet, KYC and social network data will be stored on-chain, users can optionally share this data with third parties, this new system is said to integrate users in the Solana ecosystem, allowing users to maintain privacy and maintain transparent on-chain public data.

Why is a decentralized trust layer particularly important?

The Solana Foundation has proposed a new disruptive innovation concept that provides a new path for user identification verification methods, issuing certificates from trusted publishers. Users can autonomously manage their logins across various applications. As blockchain applications evolve from on-chain transactions to traditional finance, real-world assets (RWA), DePIN, and DAOs, relying solely on anonymous addresses can no longer meet multiple needs. However, continuing to manage identity using Web2 methods, with centralized verification storing personal data in the databases of certain institutions, is tantamount to self-sabotage. SAS offers an alternative pathway for the KYC Passport, where users' identities are no longer merely assets of the platform, but truly belong to themselves.

This article discusses the disruptive innovation of anti-centralized KYC? The Solana Foundation announces the launch of the identification verification service SAS, which first appeared in the on-chain news ABMedia.

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