StarkWare Unveils Private KYC Solution to Enhance Data Privacy
- Private KYC Demo: StarkWare's newly unveiled 'Private KYC' demo allows users to meet KYC requirements without submitting complete identity documents, leveraging zero-knowledge proofs to confirm specific information like age or credential validity, thereby significantly reducing the risk of personal data breaches.
- Selective Disclosure Mechanism: The system employs STRK20 privacy features alongside zero-knowledge STARK proofs, ensuring verifiers can confirm eligibility without accessing user identity data, thus enhancing the balance between compliance and privacy protection.
- Streamlined User Process: Users scan their passports and encrypt identity data to their Starknet wallets, registering relevant attributes on a public blockchain and submitting zero-knowledge proofs for targeted checks, which eliminates the need for full document submissions typical in traditional KYC processes, thereby reducing data storage risks.
- Growing Market Demand: As cyber risks rise, StarkWare's privacy KYC solution emerges to minimize the collection and storage of identity information, aligning with increasingly stringent compliance requirements while enhancing user control over their data.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for STRK
Technical Sentiment Analysis for Starknet (STRK). As of , Starknet (STRK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STRK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STRK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Starknet (STRK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0236 | 0.0258 | 0.0279 | 0.0301 | 0.0322 | 0.0344 | 0.0365 |
| Fibonacci | 0.0258 | 0.0274 | 0.0284 | 0.0301 | 0.0317 | 0.0327 | 0.0344 |
About STRK
About the author
