Moca Foundation has announced the launch of Moca Chain, a new Layer 1 blockchain aimed at managing digital identities and user data. The project is focused on ensuring secure and decentralized control over user data.
Launch of Moca Chain
Moca Chain, expected to launch in Q3 and Q4 2025, will facilitate the development of identity protocols across various industries. It will enable users and devices to manage their digital credentials without relying on centralized platforms.
Functional Features of Moca Chain
Moca Chain will support the verification of user data both on-chain and off-chain through decentralized data storage, cross-chain identity oracles, zkTLS proof generation, and on-chain verification. The core token used for transaction fees will be MOCA Coin.
Impact on Digital Identity
The project aims to address issues such as data fragmentation and user loss of control. As Yat Siu, co-founder of Animoca Brands, stated, Moca Chain will empower users to control and verify their digital identity while safeguarding their data.
The launch of Moca Chain is anticipated in 2025 and occurs within efforts toward decentralization and user data protection. The project aims to create a new ecosystem where users can own their data and benefit from it.