Internet Computer Protocol (ICP) has recently launched a groundbreaking feature known as Verified Credentials (VCs) with the goal of fostering trust in public discussions and combating the issue of bots and fake accounts on social media. This innovative solution was formally introduced at the Digital Identity unConference Europe (DICE) 2024 held in Zurich, Switzerland.
Verified Credentials Revolutionize User Privacy with a Walletless Approach
Verified Credentials empower users to swiftly and securely provide or exchange personal information without relying on traditional e-wallets. This walletless approach not only safeguards users’ privacy and anonymity but also grants them full control over their data.
By integrating VCs into the Internet Identity (II) system, ICP has expanded the capabilities of Web3 beyond conventional blockchain and smart contract frameworks. Internet Identity offers robust user authentication through passkeys, enhancing security and protection against phishing threats compared to standard sign-in methods typically utilized by websites.
Jan Camenisch, Chief Technology Officer of the DFINITY Foundation, emphasized the advantages of this new feature. Internet Identity’s Verifiable Credentials effectively address persistent challenges in online privacy-preserving authentication, requiring only a computing device and browser with a passkey.
PoUH in ICP Ecosystem Targets Social Media Manipulation
An essential application of Verified Credentials within the ICP ecosystem is the Proof of Unique Humanity (PoUH), facilitated by the on-chain messaging platform OpenChat and powered by Decide AI. PoUH links a credential to a biometric identifier such as facial, fingerprint, or palm recognition, ensuring that individuals can only create accounts on specific websites or applications.
The introduction of PoUH aims to combat social media manipulation by reducing the prevalence of bots and fake accounts, particularly crucial with the impending 2024 National Elections expected to draw participation from nearly half of the global population.
A report from Queensland University of Technology highlighted the increasing instances of bots spreading misinformation. Verified Credentials and PoUH are anticipated to promote more constructive, ethical, and truthful conversations on social platforms, countering the influence of multiple fake accounts and false news.
Tags: ICP
