Lido Lianchuang plans to launch blockchain identity platform Y

Odaily News The co-founder of decentralized finance giant Lido and a group of cryptocurrency veterans are preparing to launch a blockchain identity platform "Y" aimed at competing with World Network. It is reported that Y will not use biometric data, but will look at the traces left by people when they use the Internet to verify whether they are human. According to Y planning documents, this approach can address privacy risks and minimize fraud - this is in stark contrast to World's reliance on iris scanning. (CoinDesk)