Crypto:
33974
Bitcoin:
$85.726
% 0.73
BTC Dominance:
%60.1
% 0.16
Market Cap:
$2.85 T
% 1.18
Fear & Greed:
26 / 100
Bitcoin:
$ 85.726
BTC Dominance:
% 60.1
Market Cap:
$2.85 T

Billions Network Launches Non-Biometric Digital Identity Platform

Digital

Billions Network offers a privacy-focused alternative with its digital identity platform that does not require biometric data.

Billions Network Launches a Digital Identity Platform Without Biometric Data

Billions Network has developed a digital identity platform that does not require users to share their biometric data. The company states that this approach preserves privacy and differentiates it from competing projects like Sam Altman’s World.

According to a February 28 announcement, Billions Network has created a universally accessible verification platform for humans and AI agents. The platform is based on Circom, a zero-knowledge proof technology, and has been tested by financial institutions such as Deutsche Bank and HSBC.

Billions Network claims that more than 9,000 projects, including TikTok and World, have used Circom technology.

The platform was developed in response to increasing challenges users face in verifying their digital identities, especially with the rise of AI deepfakes, Sybil attacks, and scams, which have made digital identity verification more crucial than ever.

Additionally, Billions Network positions itself as an alternative to projects like World (formerly Worldcoin), which have raised growing privacy concerns.

World’s controversial iris scanning method has sparked significant concerns over large-scale biometric data collection. In response, Brazil’s data protection authority recently imposed restrictions on World’s biometric data collection methods.

The Growing Importance of Digital Identity

Projects like Billions Network and World are gaining traction as the internet becomes increasingly flooded with low-quality content and AI-generated misinformation, threatening genuine user engagement.

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It is estimated that 5% to 15% of accounts on social media platform X are bots. Meanwhile, Facebook removes millions of fake accounts every quarter.

While AI has many advantages, it has also made crypto scams more scalable and profitable.

According to a February report from blockchain analytics firm Chainalysis, 2025 could be the worst year for crypto scams due to the growing influence of artificial intelligence.

“GenAI is amplifying scams, the leading threat to financial institutions, by enabling high-fidelity, low-cost, and highly scalable fraud that exploits human vulnerabilities,” said Elad Fouks from Chainalysis.


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