World competitor Billions Network launches non-biometric digital ID
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The company’s Circom technology has been tested by Deutsche Bank and HSBC, among others.
Billions Network has launched a digital identification platform that doesn’t require users to hand over their biometric data, a move the company says preserves privacy and goes against the grain of competing projects like Sam Altman’s World.
According to a Feb. 28 announcement, Billions Network has created a universally accessible verification platform for humans and AI agents that’s based on Circom, its zero-knowledge verification technology. The company claims that its verification system has already been tested by financial institutions Deutsche Bank and HSBC.
More than 9,000 projects, including TikTok and World, have used Circom technology, Billions Network said.