Shegby

Shegby offers a decentralized KYC solution leveraging blockchain and zero-knowledge proof (ZKP) technology as the foundational step towards creating a Network State. Our innovative 'Human Rank' algorithm enhances privacy and security, facilitating efficient KYC processes. This will eventually support a P2P marketplace of services within our Network State, ensuring a secure and scalable ecosystem for Web3 applications. As pioneers in the field of cryptography, we have identified shortcomings in existing KYC solutions that are impeding the mass adoption of Web3 technologies. Concurrently, we have observed the emergence of vulnerabilities and airdrop farming by sybils and bots. We selected this idea because the existing processes are inefficient, costly and susceptible to data breaches. Our solution is based on the application of zero-knowledge proofs and blockchain technology to create a decentralised KYC solution following the theory of six separations, which is at the core of our HumanRank algorithm.