ShardLab Launches Revolutionary AA and zk primarily based App for Digital Id and Voucher Distribution

Thailand, Bangkok, July ninth, 2024, Chainwire

ShardLab, the innovation arm of the main international Web3 enterprise capital agency Hashed, is asserting the launch of its internet software powered by account abstraction(AA) and zero-knowledge (zk) expertise. This app introduces a transformative technique to make the most of decentralized id (DiD) and distribute vouchers seamlessly.

Constructing on the success of the Southeast Asia Blockchain Week (SEABW) 2024, the place ShardLab showcased the potential of NFTs for sensible functions, this new app extends the utility of blockchain expertise into on a regular basis use. Throughout the occasion, attendees skilled firsthand the comfort of blockchain-powered transactions with NFT vouchers at ICONSIAM, demonstrating the effectivity and safety these applied sciences carry to real-world retail environments.

The person expertise was additional enhanced by the graceful integration of the NFT vouchers with the point-of-sale (POS) programs at over 60 eating places and retailers at ICONSIAM. Attendees might simply redeem their vouchers by scanning a QR code, which robotically deducted the voucher quantity from the invoice. This implementation demonstrated the practicality and effectivity of blockchain expertise in a real-world retail atmosphere.

See full videoOptions of the official SEABW Utility:

– Digital Id Verification: Leveraging zero-knowledge proofs (“ZKP”), the app permits customers to verify their id with out sharing non-public info, enhancing privateness and safety.

– Web3 Digital Voucher Fee: Customers can obtain and redeem vouchers in QR code minted in NFT, immediately via the app, that are simply managed and used at taking part venues, simplifying the transaction course of.

The app additionally incorporates account abstraction (“AA”), making it user-friendly and accessible to a broad viewers. Account abstraction simplifies the crypto pockets expertise, permitting customers to work together with blockchain functions with the benefit of conventional digital wallets.

“The launch of this software marks a major milestone in our journey in the direction of mainstream blockchain adoption,” mentioned Hojin Kim, CEO of ShardLab. “By integrating cutting-edge applied sciences like zero-knowledge proofs and account abstraction, we’re paving the best way for a future the place blockchain isn’t solely safe but in addition easy and handy for on a regular basis customers.”

ShardLab continues to steer the event of progressive options that bridge the hole between blockchain expertise and real-world functions. This new app is a testomony to the potential of blockchain to revolutionize industries by enhancing safety, effectivity, and person expertise.

About ShardLab

ShardLab is devoted to fostering mass adoption of Web3 applied sciences in Southeast Asia. As an innovation arm of Hashed, ShardLab builds ecosystems and collaborations that carry progressive disruptions utilizing Web3 expertise, making it accessible and empowering communities on this dynamic digital frontier.

About Hashed

Hashed, a crew of blockchain specialists and builders primarily based in a number of international areas, invests in and helps the event of decentralized and blockchain applied sciences. By taking part as core technical contributors, Hashed accelerates the mass adoption of blockchain, remodeling the worldwide financial system and the web’s cloth.

ContactMr Tinformation@shardlab.com

This text was initially revealed on Chainwire