The real pain point of Web3 applications is not the authentication itself, but the inefficient cycle of repeated verification.
Imagine the current situation: every stablecoin application, every DeFi protocol has to redo KYC checks, users constantly submit the same information, platforms repeatedly store the same data, and the entire ecosystem operates with low efficiency. This decentralized verification model restricts user experience and market growth.
The key breakthrough lies in redefining the identity layer. What if identity verification is transformed into a shared infrastructure? Users only need to complete verification once, with encrypted data storage and authorization management fully controlled by the user—so that various applications do not need to rebuild verification processes, can directly call the data, and significantly reduce friction.
This is not just process optimization but a fundamental change to the underlying architecture of Web3 applications. When identity verification becomes a true infrastructure layer, the scalability of the entire ecosystem, user retention, and application deployment speed will all be upgraded. Stablecoin projects, lending protocols, exchanges—any application requiring identity verification can benefit from this.
This is the direction to break through the scalability bottleneck of Web3.
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AltcoinTherapist
· 01-06 07:49
After all that, it's just about wanting to standardize identity layers, but who will set the standards?
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ClassicDumpster
· 01-05 06:20
It's the same old story about identity verification, but this time it seems to hit the nail on the head.
Doing KYC every day is really annoying; every platform requires going through it again.
Sharing identity infrastructure... sounds good, but who will do it?
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token_therapist
· 01-04 09:53
To be honest, this approach really hits the nail on the head; using real data for all verification can truly save a lot of trouble.
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LongTermDreamer
· 01-04 09:50
I agree with this logic, but to be honest, people have been calling for KYC three years ago. Why has it only become a consensus now?
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ConfusedWhale
· 01-04 09:39
One-time verification for the entire network? That's a good idea, but the difficulty is not ordinary.
The real pain point of Web3 applications is not the authentication itself, but the inefficient cycle of repeated verification.
Imagine the current situation: every stablecoin application, every DeFi protocol has to redo KYC checks, users constantly submit the same information, platforms repeatedly store the same data, and the entire ecosystem operates with low efficiency. This decentralized verification model restricts user experience and market growth.
The key breakthrough lies in redefining the identity layer. What if identity verification is transformed into a shared infrastructure? Users only need to complete verification once, with encrypted data storage and authorization management fully controlled by the user—so that various applications do not need to rebuild verification processes, can directly call the data, and significantly reduce friction.
This is not just process optimization but a fundamental change to the underlying architecture of Web3 applications. When identity verification becomes a true infrastructure layer, the scalability of the entire ecosystem, user retention, and application deployment speed will all be upgraded. Stablecoin projects, lending protocols, exchanges—any application requiring identity verification can benefit from this.
This is the direction to break through the scalability bottleneck of Web3.