# Building A Sharable DID Network Using MPC & ZK Technology

- Channel: [Ethereum Denver](https://streameth.org/ethereum-denver)
- Date: 2023-10-07
- Duration: 19:45
- Watch: https://streameth.org/watch/yt-kt7PMCTD0zs
- YouTube: https://www.youtube.com/watch?v=kt7PMCTD0zs

## Description

Today everyone's social identity data are monopolized by governments, big web 2 companies like Facebook/Wechat, and big crypto companies like Binance or Coinbase. Everyone is contributing their data, but no one can utilize them without the permission of the centralized controller.

If a KOL gets kicked out from the platform, they are left with nothing. All the users are accumulated and controlled by the platform.
With blockchain and Zero Knowledge technologies, we are able to build out a network that let users to submit and share their Web 2&3 ID in a zero knowledge way. Also users are able to truly control the permission and ownership of their data.
We understand the importance of decentralization but meanwhile we also know our world could not be 100% web3 yet. Web2 and web3 will coexist for a long time, and we need to build the bridge between them. Some data are unique in the web2 sense, such as KYC info. Lots of people still rely heavily on apps like Twitter, telegram, and email for communicating.

By bridging the web2 data into web3 world under each one’s wallet address with privacy, the web3 world will be filled with richer and higher degree data

With blockchain and Zero Knowledge technologies, we are able to build out a network that let users upload any data, starting Web 2 ID, to their wallet addresses, in a zero knowledge way. Also users are able to truly control the permission and ownership of their data.

Rudy Rong
CEO
KaratDAO.com / forms.karatdao.com. A network of users’ web 2&3 identity data created by the people for the people, utilizing blockchain technologies including oracle, soulbound token, conditional burn, and etc.
Rudy Rong - https://www.linkedin.com/in/rudy-rong-1884585b/ Forbes 30 Under 30, Hurun 30 Under 30, USC Business School Founder of Magic Cube - a blockchain gaming platform that was invested by Tencent, NEO, Bitmart, MXC and etc. Founder & CEO of Magic Ice Cube - one of the largest medical device distributors in the US with $150+ mil revenue in 2020.
https://twitter.com/RudyRong3
