Galxe Passport V2: Enhanced Privacy and Verification Tools for Web3

Galxe Passport V2: Enhanced Privacy and Verification Tools for Web3

Galxe Passport V2: Enhanced Privacy and Verification Tools for Web3

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Apr 30, 2024

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Galxe

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Galxe is excited to announce that Galxe Passport V2 is now live.
Galxe is excited to announce that Galxe Passport V2 is now live.
Galxe is excited to announce that Galxe Passport V2 is now live.

Designed to serve as your universal identity for Web3, Galxe Passport securely and privately stores user identity information, enabling a convenient and safe user experience. The release of V2 expands the capabilities of this solution in three major ways: the introduction of Private Data Vault, the integration of facial re-verification, and the implementation of timestamped verification. In addition, this update marks the complete integration between Galxe Passport and Galxe Identity Protocol, bringing the enforced security features to all 919k Passport Holders.

With these enhancements, Galxe Passport V2 is poised to advance security and privacy in Web3, serving as a frontline defense against false identities in the industry and propelling Galxe to be the largest and most popular identity verification solution provider.

What’s New in Galxe Passport V2?

1. Private Data Vault

With the introduction of Galxe Passport V2 comes the debut of Private Data Vault — a secure system for storing and managing users’ encrypted identity commitments and signed credentials. Designed for simplicity, Private Data Vault ensures users can easily access their Passport across various protocols and platforms, effectively merging convenience with top-notch security and privacy.

As Galxe Passport evolves to V2, it will begin storing new users’ encrypted data, compatible with the Galxe Identity Protocol, in the Private Data Vault. This advancement leverages Zero-Knowledge Proof (ZKP) technology, guaranteeing complete privacy of users’ personal data while maintaining accessibility. This move further solidifies Galxe Passport’s commitment to balancing privacy with ease of use.

2. Facial Re-Verification

With Galxe Passport V2, projects utilizing this solution for verification can now incorporate periodic facial re-authentication within their Know-Your-Customer (KYC) processes. This enhanced security feature aims to eradicate false KYC verifications, targeting users who might have obtained their Soulbound Token (SBT) on Galxe Passport with counterfeit documents.

To illustrate, platforms requiring KYC for compliance can enforce periodic facial verifications (e.g., every six months), verifying that the biometrics match those from the initial verification. This approach, combining consistency and precision, positions Galxe Passport V2 as a tool for authenticity, protecting projects and protocols from Sybil attacks. Additionally, minimizing false KYCs improves compliance for protocols that demand stringent verification measures.

3. Timestamped Verification

In line with the goal of minimizing falsified verifications while promoting consistency, Galxe Passport V2 introduces a feature where each user’s successful selfie verifications come with a timestamp. This detailed timestamping includes:

  • Date and time of the first successful selfie verification

  • Date and time of the last successful selfie verification

  • The total number of successful verifications

By integrating this multi-dimensional credential, platforms are empowered with a more robust tool to assess the authenticity of their users, enhancing the integrity of the verification process.

Migration to V2

As we transition from V1 to V2, all Passport users, both new and existing, will gain unrestricted access to upgraded security and enhanced privacy features. New users will be directly onboarded to V2, and existing users will be automatically migrated, ensuring a seamless transition to the more advanced version.

Mint your Galxe Passport today: app.galxe.com/passport

About Galxe

Galxe is a decentralized super app and web3’s largest onchain distribution platform. Through its robust infrastructure and product suite of modular AI, digital identity, and blockchain technologies — Quest, Passport, Score, Compass, and Alva — Galxe supports the development of advanced, user-friendly web3 applications with an emphasis on secure and self-sovereign digital identity management. The recent introduction of Gravity, a layer 1 omnichain leveraging Galxe’s infrastructure, enables developers to tap into Galxe’s 30 million users and create new products that help onboard the world to web3.

About Gravity

Gravity is a Layer 1 blockchain designed for mass adoption and an omnichain future. Its approach abstracts the technical complexities of multichain interactions, integrating advanced technologies like Zero-Knowledge Proofs, state-of-the-art consensus mechanisms, and restaking-powered architecture to ensure high performance, enhanced security, and cost efficiency. Gravity serves the 30 million users in Galxe’s ecosystem, delivering a seamless and inviting experience to web3’s largest onchain distribution network.

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