zkMe Technology Limited has announced the launch of zkMe Network, a neutral identity verification layer for Web3 developers, set to debut by the end of Q4 2024.
About zkMe
zkMe Technology Limited, a leading provider of zero-knowledge identity verification solutions, has raised $4M in a seed round led by Multicoin Capital with participation from OKX Ventures and Robot Ventures. This funding will support the development of zkMe Network, an identity verification layer for Web3 developers.
Response to Regulatory Changes
With increasing regulatory actions against decentralized financial services, zkMe offers credential verification solutions to help crypto projects navigate regulatory changes. The EU’s MiCA regulation, set to take effect in 2025, mandates KYC procedures for all crypto transactions, while FATF intensifies its anti-money laundering measures.
Technological Features of zkMe
zkMe's identity verification solutions are powered by the zkMe Protocol, compliant with FATF standards and using zero-knowledge technology. zkMe provides seamless integration through SDK or API, ensuring high data security and compliance with new regulatory requirements. This allows developers to meet stringent Web3 regulatory demands while prioritizing user privacy.
zkMe's new identity verification layer provides solutions for crypto projects aiming to comply with emerging regulatory requirements and protect user privacy in the new Web3 era.
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