Privacy identity verification solution Outdid completes $2.5 million seed round financing, led by Jump Crypto

ChainCatcher news, privacy authentication solution provider Outdid, based in London, UK, announced the completion of a $2.5 million seed funding round, led by Jump Crypto, with participation from Superscrypt and 15 angel investors. The company intends to use the funds to expand its operations and business scope.

It is reported that Outdid offers a privacy authentication tool that verifies government-issued original documents using zero-knowledge proofs, eliminating the need for intermediaries to validate and issue certificates, thus addressing the dilemma of privacy versus verifiability. (source link)