Connect with us

Tech

AllianceBlock launches solution enabling users to prove their digital ID without compromising privacy

Published

on

AllianceBlock announced on November 9 the launch of its Trustless IDentity Verification (TIDV) solution on Mainnet. The initial integration will take place through the Fundrs platform with the aim of developing smooth pathways into decentralized finance (DeFi).

Trustless Identity Verification is an application built on blockchain technology that addresses the issue of securely exchanging verified data. To make this a reality, one group of users must first demonstrate their digital identification without compromising their privacy. 

The second group of users will be able to evaluate the participants with full faith in the authenticity of the data, which will assist in avoiding any regulatory issues. By only needing the Know Your Customer (KYC) procedure to take place once with TIDV integrated solutions, TIDV makes it easier for consumers to engage with goods that require compliance. 

Users may have peace of mind knowing that their personal information is held solely by themselves and the companies or organizations whose services or products they have requested access to. No single record of their data is kept by any other party, not even GBG (Global Identity Services) or AllianceBlock.

CEO and Co-Founder at AllianceBlock, Rachid Ajaja, said:

“Trustless IDentity Verification has the ability to revolutionize the way compliance is managed in DeFi and blockchain. It will give users complete control over their online identities and let them connect to different integrated dApps and revoke permissions if needed.”

Key features of TIDV

One of TIDV’s most appealing features is that it requires customers to go through the KYC procedure just once in order to create a verified identity that can be used for verification purposes with TIDV-integrated dApps and apps.

Most industry professionals predict that regulations pertaining to DeFi will soon be implemented, and retail investors are already acutely aware of the need to find a suitable compliance solution.

Users need to verify their identification with AllianceBlock’s identity verification partner, GBG, and link their crypto wallet once with TIDV.

Boris Huard, Managing Director, EMEA, at GBG, stated:

“GBG’s Know Your Customer (KYC) solutions help bridge the gap between traditional finance and decentralised finance. Our global end-to-end solutions are quick to deploy and ensure the identities of potential users are verified in seconds, creating a secure environment that meets compliance needs without sacrificing the user experience. 

Users protected from moment of onboarding

AllianceBlock’s integration into the platform guarantees that blockchain users are protected from the moment of onboarding, with no disruption to the user experience, by means of thorough and trustworthy KYC checks.

Startups may need KYC to comply with regulations, and prospective capital providers (funders) can undertake KYC on TIDV to participate in KYC-required fundraising rounds. Ultimately, TIDV’s integration with Fundrs allows for compliant fundraising rounds. dua Token, the first listing on Fundrs, will also utilize this new interface to conduct compliant fundraising rounds.

Future integrations include the DeFi Terminal, DEX, and Data Tunnel. Being able to undertake KYC once and apply the same verification across numerous solutions makes it easier for consumers to participate and interact compliantly across these solutions and reduces the number of submissions they must make.

The post AllianceBlock launches solution enabling users to prove their digital ID without compromising privacy appeared first on Finbold.

Crypto Chain Wire specifically designed for crypto, NFT, DeFi and all other blockchain companies to provide them instant and effortless crypto news syndication services. CryptoChainWire is the best PR syndication platform for any blockchain startup looking to gain maximum media attention. Visit Us : https://www.cryptochainwire.com/ Contact Us: contact@cryptochainwire.com

Continue Reading

Tech

Oracle accelerates its bet on AI and briefly pushes Larry Ellison past Elon Musk in wealth

Published

on

Oracle experienced a stock surge following announcements and strategic partnerships related to artificial intelligence in 2025. The integrations with NVIDIA and AMD, along with Oracle Database 23ai and AI tools in OCI, boosted the company’s valuation and, at times, temporarily elevated Larry Ellison’s net worth above Elon Musk in real-time rankings.

Announcements and Timeline in 2025

In March and June 2025, Oracle formalized collaborations and product enhancements focused on AI initiatives. The announcements and hardware-software integrations triggered a positive investor response, reflected in the rise of ORCL shares and upward analyst revisions.

Products and Technological Integrations

Oracle incorporated AI capabilities into its database and cloud infrastructure, facilitating enterprise use of AI models and vector searches. The products and services aim to simplify AI workflow implementation and improve efficiency in enterprise environments.

NVIDIA Integration

In March 2025, a joint statement with NVIDIA highlighted the integration of NVIDIA AI Enterprise software, accelerating inference and vector search operations in Oracle Database, combining NVIDIA’s software power with the advanced capabilities of Oracle’s database.

AMD Support and OCI Hardware

In June 2025, Oracle announced AMD support, integrating AMD Instinct MI355X GPUs into Oracle Cloud Infrastructure (OCI). This integration is designed to enhance AI workload performance through a combination of cloud hardware and optimized software.

Oracle Database 23ai and OCI AI Blueprints

Oracle Database 23ai and OCI AI Blueprints are proprietary products that simplify AI workflow and search implementations, forming part of a comprehensive strategy that combines database software, cloud tools, and external hardware support.

Market Impact and Larry Ellison’s Net Worth

The relationship between Oracle’s valuation and Larry Ellison’s net worth was evident when real-time indices showed his wealth temporarily surpassing Elon Musk. Media outlets such as Fortune, Bloomberg, and Forbes reported on how Ellison’s net worth was affected by movements linked to the ORCL stock surge.

AI

Conclusion

The Oracle stock rally and its effect on Ellison’s net worth illustrate how the AI infrastructure race redistributes financial value and technological power. The episode raises practical implications for competition and centralization: in the short term, partnerships enable enterprise deployments and reduce operational costs, but in the medium term, they increase technology dependency risks, driving demand for open and decentralized alternatives to protect data sovereignty.

The post Oracle accelerates its bet on AI and briefly pushes Larry Ellison past Elon Musk in wealth appeared first on The Cryptocurrency Post.

Continue Reading

Tech

World Chain Activates Priority Blockspace for Humans

Published

on

TL;DR

  • World Chain activated Priority Blockspace for Humans, reserving block space for verified users during congestion without gas fee auctions.
  • The feature is already live for 13 million verified users and was audited by Nethermind after public tests with Flashbots and Alchemy.
  • Despite its expansion in the U.S., World has been suspended in Spain and Portugal over biometric data use in its digital identity network.

World Chain, the digital identity network tied to World — the project founded by Sam Altmanhas activated a new feature on its mainnet called Priority Blockspace for Humans.

This tool automatically reserves part of each block for transactions from verified human users whenever the network faces congestion, eliminating gas fee auctions during those critical periods.

The goal is to guarantee that essential services like identity verifications, app access, and incentive claims remain operational and accessible without requiring users to pay elevated fees. The feature is already available for over 13 million people who completed biometric verification through the Orb device and aims to encourage developers to build applications within its ecosystem.

Priority Blockspace for Humans was tested on a public testnet with support from Flashbots and Alchemy and underwent independent audits by Nethermind. It was also integrated into World Chain’s Block Builder and Rollup Boost — a modular solution compatible with OP Stack that enables customized transaction ordering across various networks.

Worldcoin world chain

World Chain Seeks to Prioritize Humans Over Automated Bots

The company argues this approach prioritizes real human users over automated bots and maximizes efficiency during periods of high demand. According to Steven Smith, Vice President of Engineering at Tools for Humanity, the feature aims to make World Chain a more accessible and functional network for individuals while still taking advantage of the scalability and automation that artificial intelligence enables.

Since April, World Chain has expanded into six U.S. cities after previously avoiding the market due to restrictions around token distribution. However, its growth continues amid regulatory scrutiny. Authorities in countries like Spain and Portugal suspended World’s operations over privacy concerns tied to its biometric data practices — a controversy that remains unresolved.

The project maintains its target of surpassing one billion verified users and building blockchain infrastructure centered on digital identity, combining on-chain verification tools with custom solutions for prioritizing human transactions.

The post World Chain Activates Priority Blockspace for Humans appeared first on The Cryptocurrency Post.

Continue Reading

Tech

Donut Browser: An AI-Powered Browser for Blockchain Transactions

Published

on

TL;DR

  • Donut Labs raised $7 million to build a crypto browser powered by AI agents capable of autonomously executing blockchain transactions.
  • The project will integrate a native wallet, decentralized exchange, and on-chain execution within a single interface, backed by Sequoia and Bitkraft.
  • The plan is to add payments, gaming, and social features, aiming to turn the browser into a decentralized personal financial assistant.

Donut Labs secured $7 million in a pre-seed funding round to develop a crypto browser enhanced with artificial intelligence.

The tool, called Donut, aims to transform how users interact with decentralized applications and digital financial services. Unlike traditional browsers, Donut integrates AI agents that understand user intent and autonomously carry out blockchain operations, such as token swaps, yield farming strategies, or portfolio adjustments.

https://twitter.com/DonutBrowser/status/1928084510815703378

The funding round was backed by Sequoia, Bitkraft, and HackVC, along with angel investors linked to Solana and other projects in the sector. With these funds, the company plans to develop a browser featuring a native wallet, built-in decentralized exchange, and on-chain transaction execution, all accessible through a single interface.

Chris Zhu, founder and CEO of Donut Labs, pointed out that today’s browsers haven’t evolved at the pace of digital financial applications. His team is working to redesign the browsing experience, delivering secure, automated operations through AI. These AI agents can interpret complex information, assess risks in real time, and translate data into clear, understandable language so users can grasp what’s happening with every transaction.

Donut Could Set a New Standard for Browsers

The company will add isolated signing systems and automatic security validations for every operation. This is designed to reduce risks users face when interacting with smart contracts and decentralized platforms. It will also allow AI agents to make quick decisions, optimizing costs and execution times.

Donut post

While the initial target audience will be traders, developers, and DeFi users, Zhu expects broader adoption as mainstream browsers integrate agentic capabilities or offer interoperability with platforms like Donut. According to his estimates, on-chain and off-chain environments will increasingly converge over the next decade, turning these browsers into the primary gateway for decentralized internet operations.

Donut also plans to add features for payments, gaming, digital content, and social interactions, all integrated into its decentralized infrastructure. Additionally, it will leverage new digital identity and confidential computing technologies to turn its browser into a personal financial assistant for retail users

The post Donut Browser: An AI-Powered Browser for Blockchain Transactions appeared first on The Cryptocurrency Post.

Continue Reading

Trending