ID Privado and private project selected for European Blockchain Sandchain

A project of the Privado ID identity verification company and the private age supplier was selected for the third cohort of European blockchain dialogues.

The duo will focus on age verification through self-souveraine identity (SSI). The age insurance tool is designed to avoid disclosing sensitive personal information such as date of birth or national identification numbers by taking advantage of zero knowledge evidence (ZKPS) and verifiable identification information (VC).

Privado ID plans to use the sandbox to test the frame of billions of billions. The identity verification protocol was launched in February to compete with global identification, civic and others in the space of proof of person (POP) and allow users to prove their humanity.

As a initiative of the European Commission, the European blockchain sandbox aims to engage with regulators on innovative use cases involving distributed large book technologies (DLT). The sandbox takes place from 2023 to 2026 and supports 20 projects each year, including the use of the public sector on the European Infrastructure of Blockchain Services (EBSI).

Among the recent projects that have been selected is a case of use of the EBSI, which will participate in the lot for public entities, and 19 additional use cases which cover a wide range of industries and regulatory areas.

Privado ID and announced private the age insurance solution in November of last year.

The product could be used by online platforms with age content, such as games, alcohol sales or pornography, depending on companies. Proof of age would be generated by an identity portfolio and would have disc IA technology to provide an age estimate without personal data leaving the device.

In addition to respecting user confidentiality, the solution would also reduce data sharing and ensure interoperability between borders, allowing access to all EU users.

The use case focuses on compliance with the GDPR, in particular with regard to data minimization, user consent and secure data management. He also aligned himself with the European digital identity framework and will seek regulatory advice on the use of decentralized identifiers for cross -border services.