What is Galxe?
The Galxe Identity Protocol is a permissionless, self-sovereign identity infrastructure. It utilizes Zero-Knowledge Proof technology, allowing users to securely and privately own, manage, and share verifiable credentials.
Galxe is a cutting-edge platform that revolutionizes how credentials are issued and verified in the Web3 world, giving users complete control over their private data and identity. Here's a detailed explanation of its features and functionality:
Key Features and Functionality of Galxe
- Self-Sovereign Identity Infrastructure
- Complete Control: Users own, manage, and share their verifiable credentials securely and privately using Zero-Knowledge Proof technology. This ensures that personal data remains under the user's control, free from third-party exploitation.
- Comprehensive Credential Management
- Credentials in Everyday Life: Credentials represent proofs of eligibility, such as keys, certificates, deeds, licenses, and more. In the digital world, they include contributions to a protocol's liquidity pool, on-chain voting history, participation in campaigns, and more. These credentials aggregate user achievements and create a unique on-chain identity.
- Web2 Data Integration: Traditional behavioral data, like that used by companies such as Google and Meta for targeted advertising, can also be transformed into verifiable credentials owned and controlled by the user.
- Permissionless and Decentralized
- Chain-Agnostic Components: Galxe is designed to be permissionless and decentralized, making it a sustainable solution for credential management across various blockchain ecosystems.
- Smart Contracts and SDK Tools
- Onchain and Offchain Integration: The core of Galxe Identity Protocol consists of smart contracts deployed on-chain and SDK tools for developers to issue or authenticate credentials off-chain. A credential schema requires two parts: context (e.g., whether you're over 21 years old) and type (e.g., boolean yes or no).
- Advanced Verification Mechanisms
- Selective Disclosure: Holders can selectively disclose information for specific verification instances under a pseudonymous identity.
- Programmable Trust Schema: Verifiers can specify a trust schema and use built-in identity nullifiers for various access control applications, both on-chain and off-chain.
- Soul-Bound Tokens (SBTs): Facilitates the minting of SBTs based on typed credentials and supports no-code compositional verification.
- Solving Digital Identity Multiplicity
- Galxe addresses the challenge of digital identity multiplicity by allowing users to connect all their identities across different platforms. This enables the generation of Zero-Knowledge Proofs against a comprehensive profile without leaking privacy, such as the connections of accounts to any other party.
Four Major Roles in Galxe Identity Protocol
- Credential Holder: Users who own and manage their credentials.
- Issuer: Entities that generate and issue credentials to users.
- Verifier: Entities that verify the credentials for authenticity and eligibility.
- Credential Type Designer: Entities that design various types of credentials for use within the system.
Key services & use cases powered by Galxe as a Web3 infrastructure provider
- Social Media Identity Management: Users can verify and control their data footprint, avoiding exploitation for targeted advertising. Enables selective disclosure of personal information based on user preferences.
- Gaming Achievements: Gamers can own and control their in-game achievements. Allows verification and disclosure of gaming credentials for rewards and benefits across different games and platforms.
- Age Verification: Provides a secure method to prove age without disclosing personal details. Useful for age-restricted purchases and services, ensuring privacy and security.
- Comprehensive Digital Identity: Solves the digital identity multiplicity problem by connecting multiple digital identities across different platforms. Enables generation of Zero-Knowledge Proofs for a comprehensive profile without leaking privacy.
- Access Control for DApps and Ecosystems: Enables decentralized access control for various applications, both on-chain and off-chain. Provides infrastructure to drive innovation, attract dApps, and boost user acquisition in blockchain ecosystems.
- Regulatory Compliance: Facilitates KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance. Simplifies the onboarding process for investors and companies in private and public sales.
Galxe's infrastructure ensures a secure, private, and efficient management and verification of digital identities, driving innovation and user engagement across various Web3 applications.
