Billions Network has unveiled a brand-new digital identification system that does not use biometrics. In a move that the company claims protects privacy and deviates from rival initiatives like Sam Altman’s World, Billions Network has launched the digital ID platform, which provides a practical answer for consumers worried about the security and privacy effects of biometric identification techniques.
The Billions Network Digital ID platform
Billions Network announced on February 28 that it has developed a universally accessible verification platform based on its zero-knowledge verification technology, Circom, for both humans and AI agents. The company claims that its verification system has already been tested by financial institutions Deutsche Bank and HSBC.
Circom technology has been used in over 9,000 projects, such as World and TikTok, according to Billions Network. In an era where scams, Sybil attacks, and AI deepfakes are becoming more common, users are finding it increasingly difficult to validate their digital footprints. This is why the platform was created.
World biometric data collection restriction in Brazil
In response to the mounting apprehension surrounding initiatives such as World, which was formerly known as Worldcoin, Billions Network also introduced its platform. Concerns regarding extensive biometric data collection and privacy have been raised by the company’s controversial iris scans. Brazil’s data protection watchdog recently placed restrictions on the world’s biometric data collection practices in response to these worries.
Secure digital identity
Projects like World and Billions Network are gaining popularity at a time when bots and artificial intelligence (AI) are saturating the internet with false information and poor-quality content, both of which pose a threat to real user engagement. Notwithstanding all of AI’s advantages, the new technology is increasing the scale and profitability of cryptocurrency scams. According to a February report by blockchain analytics company Chainalysis, the rise of generative AI may make 2025 the worst year for cryptocurrency scams.
7/10 In 2024, Huione scam technology vendors collectively received at least $375.9 million in cryptocurrency. AI service vendors’ revenue had a compound annual growth rate of 1900% between 2021-2024, indicating an explosion in the use of AI technology to facilitate scams. pic.twitter.com/JUocIYKEY9
— Chainalysis (@chainalysis) February 13, 2025
Innovative solutions like the non-biometric digital ID platform from Billions Network are vital in the current digital era, where worries about data security and privacy are at an all-time high. Businesses can increase customer trust and guarantee that sensitive personal data is safe from online threats by putting user privacy and security first.
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