According to Finsmes, Outdid, a privacy identity verification solution provider based in London, UK, has announced the completion of a $2.5 million seed funding round. Jump Crypto led the investment, with participation from Superscrypt and 15 angel investors. These 15 angel investors include Matias Woloski, Martin Varsavski, Gaston Frydlewski, Santiago Siri, Pia Mancini, Emanuele Francioni, Simeon Simeonov, Pressian Karakostov, Luis Cuende, Stefan George, Can Kisagun, Harsh Rajat, Alexi Ned, Bogdan Stanciu, EOhao, and Questbook Investments. The company plans to use this funding to expand its operations and business scope.
It is reported that Outdid provides a privacy identity verification tool that uses zero-knowledge proofs to verify government-issued original documents without the need for intermediaries to verify and issue certificates, thus solving the dilemma of privacy and verifiability.
Original article link: https://bitgaai.com/2023/06/30/yinsishenfenyanzhengjiejuefanganoutdidwancheng250wanmeiyuanz/