No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, March 25, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Blockchain ID Layer Launches Mobile Idenity App

by TheAdviserMagazine
9 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
Blockchain ID Layer Launches Mobile Idenity App
Share on FacebookShare on TwitterShare on LInkedIn


Blockchain-based identity layer Billions Network announced the launch of its identity mobile application for both Android and iOS devices.

According to a Thursday statement shared with Cointelegraph, Billions Network’s identity system is AI-proof. The announcement follows Polish investor Borys Musielak’s April demonstration of how ChatGPT can generate photos of government-issued IDs likely to pass photo-based Know Your Customer (KYC) checks.

“As AI continues to erode trust in traditional verification methods and digital interactions, this launch ensures people can safely and privately enjoy personalized digital experiences,” Evin McMullen, co-founder and CEO of Billions, said.

Billions’ implementation does not rely on proprietary hardware or invasive biometric data, with the exception of liveliness checks to complete verification. Instead, the new mobile app leverages near-field communication (NFC) chips in modern passports and ID cards, as well as liveliness checks and cryptographic proofs.

Billions app on the Google Play Store. Source: Play Store

Related: Animoca-backed Moca Chain launches for decentralized digital identity

An established ecosystem

The system leverages institutional KYC and the Privado ID infrastructure stack, and was created by the core contributors behind the open-source zero-knowledge proof (ZK-proof) framework Circom. Over 9,000 Web2 and Web3 services — including TikTok, Aptos and World — leverage Circom’s ZK-proof-based authentication.

Billions Network claims that its implementation stores no personal data and requires no proprietary hardware. The initial rollout includes support for verification via liveliness checks and NFC chip verification of documents.

In the future, Billions plans to integrate a web wallet interface and a verifiable KYC service for institutional platforms. Another future product is the DeepTrust framework, which would enable artificial intelligence to establish an onchain identity that also facilitates its association with the controlling entity.

Related: ZKPs can prove I’m old enough without telling you my age

Where is the data stored?

In a joint statement, Privado ID CEO David Z and chief technology officer Oleksandr Brezhniev explained that data is stored both locally and on end-to-end encrypted cloud storage. When using the mobile application, user data is stored locally on the device and personal information is not shared with third parties unless the user explicitly decides to share some details.

To enable multi-device support and web-based service, Billions also stores end-to-end encrypted data in the cloud. Still, identity data remains offchain and is encrypted with the user’s private keys to prevent leakage.

Magazine: Coinbase hack shows the law probably won’t protect you: Here’s why



Source link

Tags: appBlockchainIdenityLaunchesLayermobile
ShareTweetShare
Previous Post

Mobileye soars after launch of Tesla’s Robotaxi

Next Post

Tech-Savvy, Client-First: How Law Firms Are Embracing the Right Technology to Serve Families Better

Related Posts

edit post
Circle Froze 16 ‘Unrelated’ Stablecoin Wallets, Says ZachXBT

Circle Froze 16 ‘Unrelated’ Stablecoin Wallets, Says ZachXBT

by TheAdviserMagazine
March 25, 2026
0

Stablecoin issuer Circle, the company behind the USDC (USDC) dollar-pegged token, wrongfully froze 16 wallets in connection with an ongoing...

edit post
Bitget Wallet expands stablecoin payments with Visa, Mastercard, and Ripple integration

Bitget Wallet expands stablecoin payments with Visa, Mastercard, and Ripple integration

by TheAdviserMagazine
March 25, 2026
0

Bitget Wallet has launched its Onchain Payments Matrix, a global infrastructure layer designed to connect fragmented financial systems and enable...

edit post
Bitcoin Holders Pull Coins Off Exchanges, Data Points To Steady Buying

Bitcoin Holders Pull Coins Off Exchanges, Data Points To Steady Buying

by TheAdviserMagazine
March 25, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has been making higher highs and...

edit post
Robinhood Goes All In With .5B Buyback

Robinhood Goes All In With $1.5B Buyback

by TheAdviserMagazine
March 25, 2026
0

Robinhood has approved a $1.5 billion share buyback program, representing a key capital investment move. The Robinhood buyback will be...

edit post
Bitcoin, XRP Rallies Won’t Hold Until Oil Falls Toward , Expert Warns

Bitcoin, XRP Rallies Won’t Hold Until Oil Falls Toward $80, Expert Warns

by TheAdviserMagazine
March 24, 2026
0

Brent crude slid nearly 12% on Monday to trade around $94, but market expert Sam Daodu warns that oil prices...

edit post
Shipping Firms Quietly Pay Iran Millions to Navigate Hormuz Corridor – Bitcoin News

Shipping Firms Quietly Pay Iran Millions to Navigate Hormuz Corridor – Bitcoin News

by TheAdviserMagazine
March 24, 2026
0

$2 Million Toll? Sources Say Iran Is Quietly Monetizing Strait of Hormuz Access Iran has ostensibly begun extracting transit fees...

Next Post
edit post
Serena Williams partners with Reckitt to back founders

Serena Williams partners with Reckitt to back founders

edit post
The 11 Largest US Funding Rounds of May 2025 – AlleyWatch

The 11 Largest US Funding Rounds of May 2025 – AlleyWatch

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
Publix to Open 5 New Stores by End of April. See Upcoming Locations.

Publix to Open 5 New Stores by End of April. See Upcoming Locations.

March 20, 2026
edit post
7 States Reporting a Surge in Norovirus Cases

7 States Reporting a Surge in Norovirus Cases

February 22, 2026
edit post
The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

March 2, 2026
edit post
Who Is Legally Next of Kin in North Carolina?

Who Is Legally Next of Kin in North Carolina?

February 28, 2026
edit post
Morgan Stanley Is Doubling Down on Apple Stock Thanks to Still-High iPhone Demand. Should You Buy AAPL Here?

Morgan Stanley Is Doubling Down on Apple Stock Thanks to Still-High iPhone Demand. Should You Buy AAPL Here?

0
edit post
Circle Froze 16 ‘Unrelated’ Stablecoin Wallets, Says ZachXBT

Circle Froze 16 ‘Unrelated’ Stablecoin Wallets, Says ZachXBT

0
edit post
PDD Holdings Inc. (PDD) Q4 2025 Earnings: Key Takeaways

PDD Holdings Inc. (PDD) Q4 2025 Earnings: Key Takeaways

0
edit post
Monthly Dividend Stock In Focus: Telefônica Brasil

Monthly Dividend Stock In Focus: Telefônica Brasil

0
edit post
Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3

Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3

0
edit post
Can a Financial Advisor Manage Your 401(k)?

Can a Financial Advisor Manage Your 401(k)?

0
edit post
From Humming to High‑Pitched Whines: How Loudoun County’s Data‑Center Noise Is Raising Fears About Home Values

From Humming to High‑Pitched Whines: How Loudoun County’s Data‑Center Noise Is Raising Fears About Home Values

March 25, 2026
edit post
Stifel blasts ‘unfair FINRA process,’ vows to fight record 3M award

Stifel blasts ‘unfair FINRA process,’ vows to fight record $133M award

March 25, 2026
edit post
Circle Froze 16 ‘Unrelated’ Stablecoin Wallets, Says ZachXBT

Circle Froze 16 ‘Unrelated’ Stablecoin Wallets, Says ZachXBT

March 25, 2026
edit post
Can a Financial Advisor Manage Your 401(k)?

Can a Financial Advisor Manage Your 401(k)?

March 25, 2026
edit post
The White House snubs Elon Musk’s offer to cover TSA salaries as airport miseries hit record levels

The White House snubs Elon Musk’s offer to cover TSA salaries as airport miseries hit record levels

March 25, 2026
edit post
When Will I Get My Tax Refund? How to Check Your IRS Status

When Will I Get My Tax Refund? How to Check Your IRS Status

March 25, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • From Humming to High‑Pitched Whines: How Loudoun County’s Data‑Center Noise Is Raising Fears About Home Values
  • Stifel blasts ‘unfair FINRA process,’ vows to fight record $133M award
  • Circle Froze 16 ‘Unrelated’ Stablecoin Wallets, Says ZachXBT
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.