thefintechag@gmail.com

@

Cysic Founder Highlights Cost-Effectiveness of ZK-Proofs Over Traditional Identification Systems

Cysic Founder Highlights Cost-Effectiveness of ZK-Proofs Over Traditional Identification Systems

According to World Bank data, an estimated one billion individuals worldwide lack official identification credentials. This staggering figure underscores the pressing need for more accessible identification solutions. Cysic's founder argues that Zero-Knowledge Proofs (ZK-proofs) present a more affordable and efficient alternative to legacy systems, potentially transforming the way we approach identity verification on a global scale.