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Cryptocurrency News Articles

MOCA 3.0: Building an Open Digital Identity Infrastructure for the Internet

Jan 15, 2025 at 10:04 am

Fragmented digital identities put users and businesses in an efficiency dilemma. To solve this problem, it is particularly important to build an open and user-centric infrastructure.

MOCA 3.0: Building an Open Digital Identity Infrastructure for the Internet

Digital identities are currently fragmented, which creates challenges for both users and businesses. To address this issue, Moca Network is building an open and user-centric digital identity infrastructure with MOCA 3.0.

The network's AIR Kit (Account, Identity, Reputation) provides a universal account system for Web2 and Web3, enabling users to easily unify and manage their digital identities.

Moca Network also introduces a complete credential system, which provides infrastructure for user data sovereignty and enables users to manage their own credentials.

With AIR Kit, users can create Web3 wallets as easily as using social login and perform on-chain activities without having to manage complex blockchain addresses or private keys.

Features such as gas fee payment and cross-chain transactions further optimize the user experience.

In addition to an open and unified account system, Moca Network has also introduced a complete credential system. This system not only provides infrastructure, but also empowers users to manage their own data and create value from it. In this way, users can break through the limitations of traditional centralized platforms and achieve true data sovereignty.

Moca Network supports the issuance, storage, and verification of credentials. It securely stores credential data in decentralized data storage, and users can directly set and manage access rights for their credentials.

Moca Network describes this feature as a "decentralized user-owned Google Drive."

Moca Network uses tamper-proof technology and zero-knowledge proof (ZKP) to protect data security. It allows users to transfer credentials between different systems through cross-chain messaging protocols such as LayerZero or Wormhole, enabling users to interact directly and securely with smart contracts on any chain.

This greatly enhances the ability of users to obtain value from their credentials.

Moca Network also plans to adopt zkTLS technology to achieve secure verification and use of Web2 data on the chain. By integrating Web2 and Web3 data, Moca Network is building a more comprehensive digital identity system. The system empowers users and effectively bridges the gap between Web2 and Web3. The ultimate goal is to create a user-centric, inclusive and symbiotic ecosystem.

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Other articles published on Jan 15, 2025