Zero-Knowledge Identity Verification Solution Outdid Completes $2.5 Million Seed Round Funding, Led by Jump Crypto
2023-06-30 01:32
Odaily News - Zero-Knowledge Identity Verification Solution Outdid announced the completion of a $2.5 million seed funding round, led by Jump Crypto and with participation from Superscrypt, Matias Woloski, Martin Varsavski, Gaston Frydlewski, and 15 other angel investors. The new funding will be used to expand operations and business scope.
Outdid provides a private identity verification tool that eliminates data liability in online applications and services. By utilizing zero-knowledge proofs to verify government-issued documents without involving intermediaries for verification and credential issuance, it solves the privacy and verifiability dilemma. This allows both Web3 and Web2 platforms to perform identity verification in a secure manner. (FINSMES)
Outdid provides a private identity verification tool that eliminates data liability in online applications and services. By utilizing zero-knowledge proofs to verify government-issued documents without involving intermediaries for verification and credential issuance, it solves the privacy and verifiability dilemma. This allows both Web3 and Web2 platforms to perform identity verification in a secure manner. (FINSMES)
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