Moca Foundation Floats Moca Chain for User-Controlled Identity

Moca Foundation has introduced Moca Chain, a new Layer-1 blockchain that gives users full control of their identity and personal data. The platform is built to change how people share and manage their information online, with a strong focus on privacy and security. Moca Chain Set for Launch in 2025 As announced, the Moca Chain testnet will go live in the third quarter of 2025, while the mainnet version will launch later. The new blockchain is built to be EVM-compatible. This means developers can use the same tools they already use on the Ethereum network, known for its speed and low-cost transactions. Also, the chain can easily connect with other blockchains, making its use seamless and flexible. At the center of this new blockchain is a special token called MOCA Coin. This digital coin will be used for key functions on the protocol, including gas fees, validator staking, storage, Oracle access, data creation, and identity verification. The foundation shared that it will leverage its existing partnerships with SK Planet’s OK Cashbag and OneFootball, which together have over 230 million users. This backing is set to give Moca Chain a solid foundation for cross-chain identity verification. Moca Chain Unveils Safer Way to Use Identity Online The protocol’s identity feature will allow users to move credentials like loyalty points, social proof, and access rights across apps, without sharing personal data. With zero-knowledge proofs, users can enjoy rewards and features across decentralized apps (Dapps) while keeping their identities private. This technology lets users verify data without disclosing full details. Developers can also create or verify these reusable credentials on the chain. This is poised to help them create smarter apps that value privacy and user control. Most platforms today rely on a single login system that can be hacked or fail if something goes wrong. Moca Chain aims to fix this. Instead of giving big companies data control, users can decide who sees their information. Moca Chain also works with a tool called AIR Kit (Account, Identity, Reputation). This makes it easier to build apps with smart accounts and safe logins. New Layer-1 Blockchain Backed by Animoca Brands Moca Network, which built Moca Chain, is part of Animoca Brands, one of the main partners for this launch. Animoca Brands is a big industry player in the Web3 and gaming sector. In 2023, the Hong Kong-based company raised $20 million to expand its gaming project . Animoca’s support for this upcoming project shows that it believes Moca Chain and MOCA Coin can disrupt the current model of closed ecosystems. In a statement, Yat Siu, co-founder of Animoca Brands, emphasized that Moca Chain is poised to give users ownership over their data. It will do this without needing a middleman. The post Moca Foundation Floats Moca Chain for User-Controlled Identity appeared first on TheCoinrise.com .

Source: The Coin Rise