ChainCatcher news, according to Cointelegraph, Parity Technologies, the parent company of Polkadot, plans to launch a Web3 authentication solution ------ Proof-of-Ink. This solution generates tattoos through a unique algorithm to prove users' digital citizenship, aiming to address key barriers to the mass adoption of Web3.Gavin Wood, co-founder of Ethereum, Polkadot, and Kusama, revealed at the Berlin Web3 conference that Proof-of-Ink is scheduled to launch in the fourth quarter of 2024. The system will require users to tattoo a uniquely generated pattern on specific parts of their bodies as proof of their digital identity. Each tattoo design is created based on a blockchain-generated random number, ensuring the uniqueness of each user. In addition to Proof-of-Ink, Wood disclosed that two other digital identity solutions are in development, expected to be launched next year, but did not provide specific details.

ChainCatcher news, according to Bloomberg, the blockchain infrastructure company behind the Polkadot platform, Parity Technologies, will lay off 30% of its workforce, approximately 100 employees. Parity CEO Björn Wagner stated that the layoffs will affect the market expansion team as Parity shifts its focus to supporting the technology of Polkadot.Previous news, on October 12, insiders reported that Parity Technologies would lay off over 300 people, which was later denied by Parity Technologies, stating that it seeks to transfer some existing marketing functions to several decentralized teams within the Polkadot ecosystem, which will affect the company's staffing in the coming months.

ChainCatcher news, according to on-chain analyst thiccy citing sources, the Polkadot ecosystem development organization Parity Technologies laid off more than 300 people this week.In addition, Parity Technologies stated on social media that it is halting its marketing functions to make room for the emergence of new ecosystem leaders outside of Parity.

ChainCatcher news, according to CoinDesk, Polkadot co-founder Gavin Wood stated to Bloomberg that he will step down as CEO of the Polkadot ecosystem development organization Parity Technologies.Another co-founder, Björn Wagner, will become the new CEO. In his statement, he said, "The role of CEO has never been something I aspired to, and that goes back a long time. I can do a good job as CEO for a while, but it's not where I can find eternal happiness." (source link)