/biz/ - Business & Finance

>>58113423
Chainlink is currently like having an Internet except the Home PC doesn't exist to use it.

Individual people NEED to become Data Points to properly interact with Smart Contracts or else the network will be Sybil attacked. (Using multiple wallets to game a Smart Contract to one's favor)

Sergey Once Said: There is a very large Universe of Usecases looking to be connected to front ends that prove who somebody is.

Prove who somebody is = Everest
and you can access that large Universe of Usecases = Chainlink

The EverID wallet already provides Identity and proof of Unique human with it's biometric design.

Identities can be directly queried via Everest's Chainlink Node:
https://developer.everest.org/#everest-identity-oracle

All that is missing is Everest's pending Identity Widget to easily onboard & query users, from any website/app. which will also be able to verify Social Media Accounts. (Social Media verification will go a long way helping Chainlink Functions because Web2 Data/ is corrupt, full of bots/multi=accounts making false interaction data)

>>56126690
Chainlink is currently like having an Internet except the Home PC doesn't exist to use it.

Individual people NEED to become Data Points to properly interact with Smart Contracts or else the network will be Sybil attacked. (Using multiple wallets to game a Smart Contract to one's favor)

Sergey Once Said: There is a very large Universe of Usecases looking to be connected to front ends that prove who somebody is.

Prove who somebody is = Everest
and you can access that large Universe of Usecases = Chainlink

The EverID wallet already provides Identity and proof of Unique human with it's biometric design.

Identities can be directly queried via Everest's Chainlink Node:
https://developer.everest.org/#everest-identity-oracle

All that is missing is Everest's pending Identity Widget to easily onboard & query users, from any website/app. which will also be able to verify Social Media Accounts. (Social Media verification will go a long way helping Chainlink Functions because Web2 Data/ is corrupt, full of bots/multi=accounts making false interaction data)

KILT/CHEQD don't offer Human & Unique Identity, and will likely need to integrate Everest to get it.

Everest has biometric Identity built in at the base layer, given an EverID wallet's keys are generated through a user's biometric hash. (A person can only make one wallet.) A person's EverID can then be utilized elsewhere;
>Handshake with other wallets crosschain
>Verify a user's social media
>Be queried via the Everest Chainlink Node

Bots + Sockpuppet Multi-accounts can be filtered from manipulating web environments with EverID

This has plenty of benefits in Smart Contracts:
>Fairdrops: Can prove someone claiming an Airdrop or Reward is Unique, and aren't claiming under dozens of wallets
>Fair DAO voting: Can prove all DAO voters are unique, and there isn't a whale using many wallets to manipulate a vote in their favor
>Authentic Commerce: Can prove one person isn't using multiple wallets to set prices in their favor
>Filtering Bad Actors: Can verify someone setting up a Token/NFT doesn't have a long history of making rugpulls and starting a fresh wallet
>Authentic Ratings: Can prove someone isn't using multiple wallets to boost their own ratings.

Circling back to the Social Media Verification:
Chainlink Functions takes Web Data from Web2 + Apps. Web2 is polluted with bots + sock puppet accounts, those accounts are all creating bad data that could affect Chainlink Functions.
Everest can help keep that bad interaction data filtered from Functions on both ends. Can verify a Web2 user is both Human & Unique via their social media, and can further query them via their Chainlink Node that they are Human & Unique on-chain.