Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
So you verify the authenticity of this data in zero knowledge, and then you can prove statements about yourself in zero knowledge without having to reveal your personal information.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
And so that's ultimately what self is.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
It's
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
Primarily great for civil resistance, which is primarily amazing for onboarding billions of people into crypto using rails, using IDs that people have today without requiring them to go get in front of physical hardware.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
But it's also actually so much more because you can, in zero knowledge, do verifiable credentials.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
You can prove statements about yourself.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
without revealing anything else.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
And so one pretty interesting use case is you can prove you're over a certain age.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
We're seeing a lot of regulation globally that's protecting minors, either from social media or from adult content sites.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
But the way that they're enforcing that is through KYC, which is, I think, probably the wrong move.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
Something like self allows you to prove that you're over, say, 18 without even revealing your birthday to anyone.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
Another cool use case is proving that you're not on the OFAC list.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
If you're getting an airdrop, increasingly more projects are worried about sanctions law.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
We can prove that you're not on the OFAC list without the individual having to reveal anything about themselves.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
And so there's a lot of really cool use cases, some very serious, very Web3, some more Web2.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
And then there's also just like fun ones, like you can prove your hair color in zero knowledge.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
So if you want to do a true blonde coin, you could... My hair color is incorrect on my ID.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
Different than your actual...
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
But I mean, yeah, there's like cool fun things you could do on that front.
Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski
You know, you could definitely do a David coin.