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ZkPass Wins Binance’s Web3 Reality Show “Build the Block” With Decentralized Identity Verification Solution

Binance has declared zkPass as the winner of its Web3 reality show "Build the Block," where startups competed for an investment from Binance Labs. The decentralized identity verification solution that preserves privacy won the competition after receiving the highest votes. Binance chief business officer Yibo Ling expressed excitement about the growth of the competition's winner and their aim to build sustainable ecosystems enabled by zero-knowledge proof techniques. Apart from zkPass, Binance Labs also offered investment to four other contestants, including Mind Network, Kryptoskatt, Bracket Labs, and DappOS. Additionally, Anoma has secured $25 million in funding to build a generalized "intent-centric" blockchain architecture.

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