TLDR: Midnames implements did:midnight method and MidNS service for human-readable decentralized identity management Triple Play uses ZK predicate circuits to verifyTLDR: Midnames implements did:midnight method and MidNS service for human-readable decentralized identity management Triple Play uses ZK predicate circuits to verify

Midnight Network Builds Privacy-First Decentralized Identity Layer With Ecosystem Partners

3 min read

TLDR:

  • Midnames implements did:midnight method and MidNS service for human-readable decentralized identity management
  • Triple Play uses ZK predicate circuits to verify age, nationality, and KYC status without exposing user data
  • ClarityDAO migrates Agora framework to enable private voting where member identity and votes remain confidential 
  • Webisoft and Fluid Tokens leverage privacy infrastructure for dark pool trading and token-backed lending 

Midnight Network is developing a comprehensive identity layer using decentralized identifiers and zero-knowledge technology across its ecosystem. 

The platform enables users to verify personal information without exposing sensitive data. Multiple partners are collaborating to build foundational infrastructure and deploy practical applications. 

This initiative addresses growing demand for privacy-preserving solutions in blockchain applications. The development spans core identity components and real-world use cases.

Infrastructure Partners Build Core Identity Components

Midnames is implementing a registered DID method called did:midnight for the network. The partner is also creating MidNS, a name service that functions as a decentralized address book. 

Users can map human-readable names to their DIDs through this system. Additionally, Midnames integrates W3C Verifiable Credentials, allowing digital proof storage. 

The credentials enable users to disclose specific attributes using zero-knowledge proofs. For instance, passport holders can prove citizenship status without revealing complete identity documents.

Identus brings established identity solutions to Midnight through several key deployments. The partner is launching a Verifiable Data Registry as an on-chain ledger for identity data. 

This registry provides secure anchoring for credential information across the network. Identus supports multiple DID methods to ensure broad interoperability between systems. 

The company is developing oracle services for credential verification in decentralized applications. Furthermore, Identus offers developer tools to simplify integration of identity services.

The collaboration between infrastructure partners ensures standardization across the ecosystem. These components form the technical foundation for privacy-preserving applications. 

Interoperability remains central to the development strategy, enabling seamless interaction between different platforms.

Application Layer Demonstrates Real-World Identity Use Cases

Triple Play focuses on user verification and compliance through zero-knowledge predicate circuits. The protocol allows proof of attributes including age, nationality, and KYC status. 

Users generate verification proofs validated by whitelisted network participants without exposing personal data. This approach maintains compliance requirements while preserving user privacy throughout the verification process.

ClarityDAO is migrating its Agora framework to Midnight for private governance solutions. Organizations can conduct confidential voting where participants prove DAO membership eligibility. 

Individual votes and voter identities remain private during the entire process. This functionality serves organizations requiring discretion in decision-making procedures. The integration demonstrates how decentralized identity supports governance applications.

Financial applications are leveraging the privacy infrastructure for innovative models. Creditcoin researches using verifiable credit history as proof of human authenticity. 

The approach distinguishes genuine users from artificial intelligence-generated bots through financial behavior patterns. Webisoft is building a dark pool trading platform using ZK proofs for transaction privacy. 

Fluid Tokens develops an exchange allowing token-backed loans through privacy-preserving identity verification. These applications show diverse implementations of the decentralized identity framework across financial services.

The post Midnight Network Builds Privacy-First Decentralized Identity Layer With Ecosystem Partners appeared first on Blockonomi.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Botanix launches stBTC to deliver Bitcoin-native yield

Botanix launches stBTC to deliver Bitcoin-native yield

The post Botanix launches stBTC to deliver Bitcoin-native yield appeared on BitcoinEthereumNews.com. Botanix Labs has launched stBTC, a liquid staking token designed to turn Bitcoin into a yield-bearing asset by redistributing network gas fees directly to users. The protocol will begin yield accrual later this week, with its Genesis Vault scheduled to open on Sept. 25, capped at 50 BTC. The initiative marks one of the first attempts to generate Bitcoin-native yield without relying on inflationary token models or centralized custodians. stBTC works by allowing users to deposit Bitcoin into Botanix’s permissionless smart contract, receiving stBTC tokens that represent their share of the staking vault. As transactions occur, 50% of Botanix network gas fees, paid in BTC, flow back to stBTC holders. Over time, the value of stBTC increases relative to BTC, enabling users to redeem their original deposit plus yield. Botanix estimates early returns could reach 20–50% annually before stabilizing around 6–8%, a level similar to Ethereum staking but fully denominated in Bitcoin. Botanix says that security audits have been completed by Spearbit and Sigma Prime, and the protocol is built on the EIP-4626 vault standard, which also underpins Ethereum-based staking products. The company’s Spiderchain architecture, operated by 16 independent entities including Galaxy, Alchemy, and Fireblocks, secures the network. If adoption grows, Botanix argues the system could make Bitcoin a productive, composable asset for decentralized finance, while reinforcing network consensus. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/botanix-launches-stbtc
Share
BitcoinEthereumNews2025/09/18 02:37
PBOC sets USD/CNY reference rate at 6.9590 vs. 6.9570 previous

PBOC sets USD/CNY reference rate at 6.9590 vs. 6.9570 previous

The post PBOC sets USD/CNY reference rate at 6.9590 vs. 6.9570 previous appeared on BitcoinEthereumNews.com. On Friday, the People’s Bank of China (PBOC) sets the
Share
BitcoinEthereumNews2026/02/06 09:28
UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future

UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future

The post UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future appeared on BitcoinEthereumNews.com. Key Highlights Microsoft and Google pledge billions as part of UK US tech partnership Nvidia to deploy 120,000 GPUs with British firm Nscale in Project Stargate Deal positions UK as an innovation hub rivaling global tech powers UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future The UK and the US have signed a “Technological Prosperity Agreement” that paves the way for joint projects in artificial intelligence, quantum computing, and nuclear energy, according to Reuters. Donald Trump and King Charles review the guard of honour at Windsor Castle, 17 September 2025. Image: Kirsty Wigglesworth/Reuters The agreement was unveiled ahead of U.S. President Donald Trump’s second state visit to the UK, marking a historic moment in transatlantic technology cooperation. Billions Flow Into the UK Tech Sector As part of the deal, major American corporations pledged to invest $42 billion in the UK. Microsoft leads with a $30 billion investment to expand cloud and AI infrastructure, including the construction of a new supercomputer in Loughton. Nvidia will deploy 120,000 GPUs, including up to 60,000 Grace Blackwell Ultra chips—in partnership with the British company Nscale as part of Project Stargate. Google is contributing $6.8 billion to build a data center in Waltham Cross and expand DeepMind research. Other companies are joining as well. CoreWeave announced a $3.4 billion investment in data centers, while Salesforce, Scale AI, BlackRock, Oracle, and AWS confirmed additional investments ranging from hundreds of millions to several billion dollars. UK Positions Itself as a Global Innovation Hub British Prime Minister Keir Starmer said the deal could impact millions of lives across the Atlantic. He stressed that the UK aims to position itself as an investment hub with lighter regulations than the European Union. Nvidia spokesman David Hogan noted the significance of the agreement, saying it would…
Share
BitcoinEthereumNews2025/09/18 02:22