Animoca Brands’ Moca Chain Mainnet Goes Live, Delivering Privacy-Preserving Identity Solutions To Businesses And AI Agents
Moca Foundation and Moca Network, a flagship mission developed by Animoca Brands, introduced the official launch of the Moca Chain mainnet on Tuesday. The blockchain community has been purpose-built for digital id, enabling customers to hold verified credentials — reminiscent of proof of accomplished KYC checks or membership standing — throughout purposes whereas sharing solely the precise info a enterprise requires.
With the mainnet now dwell, Moca Network is directing its efforts towards AIR, its product layer masking id, cash, and loyalty. Through AIR, companies can combine as soon as to acknowledge and onboard clients, subject funds, and distribute rewards, all whereas minimizing the amount of non-public information beneath their custody.
The launch arrives at a time when digital id verification has develop into an escalating operational and safety concern. Today, people are required to repeat id checks on almost each platform they be a part of, and every enterprise consequently shops its personal copy of delicate private info. This sample generates friction for customers, raises compliance prices for corporations, and multiplies the variety of potential publicity factors for information breaches. The subject is additional compounded by the rise of AI brokers, which more and more store, make bookings, and full sign-ups on behalf of human customers, leaving companies unsure about who’s behind every incoming request.
Moca Chain proposes an alternate mannequin constructed round verifiable digital credentials. Under this framework, a trusted group — whether or not a monetary platform, retailer, ticketing service, or sport — confirms a truth a couple of buyer and points a digital credential. The buyer retains management of that credential and determines the place it’s utilized. When one other software wants affirmation of a particular element, reminiscent of whether or not a consumer has handed KYC, it receives a easy verification quite than a replica of the underlying paperwork. Should the client’s standing change, the credential might be up to date or withdrawn, with the change seen throughout each related software.
AIR Brings Identity, Payments, and Loyalty Into a Single Integration
For companies, AIR operates in each instructions. Companies can convert id checks they already carry out into moveable credentials that clients might carry into companion purposes, they usually can settle for credentials issued by different verified organizations to onboard clients who’ve already accomplished these checks, with minimal information custody concerned. Within the identical framework, AIR Money incorporates compliant international payouts, whereas AIR Loyalty offers manufacturers and retailers with a secure factors engine.
AIR is moreover extending credential-based verification to AI brokers. As an growing share of commerce and bookings is dealt with by automated brokers, companies will be capable of affirm each the id of the individual an agent represents and the scope of actions it’s licensed to carry out earlier than granting entry, pricing, or rewards.
Moca Network’s companion ecosystem spans shopper platforms, fintech, loyalty packages, and agentic commerce, with members together with SK Planet, Biletinial, Oyunfor, Open Campus, OneFootball, RewardMe, Lamborghini, REAP, Inveo Kripto, Plume, and Nansen. Further companion bulletins are anticipated within the coming months.
“People shouldn’t have handy over their private info repeatedly to each service they use, particularly as AI brokers begin performing on our behalf,” mentioned Yat Siu, co-founder and government chairman of Animoca Brands in a written assertion. “Moca Chain provides folks possession of their credentials and offers companies a technique to belief them with out holding extra information than they want. That is on the coronary heart of Animoca Brands’ mission to advance digital property rights, beginning with probably the most private property of all: our id,” he added.
“Launching mainnet is a basis, not a end line. From right here, our focus is AIR, which lets any enterprise acknowledge its clients, pay them, and reward them by means of one integration, and prolong that very same belief to the AI brokers working for these clients,” mentioned Kenneth Shek, managing director of Moca Network in a written assertion. “Every enterprise that joins makes the community extra helpful for the subsequent one,” he added.
Businesses in search of to work with AIR can entry additional info at air3.com and submit partnership purposes at air3.com/partner-with-us. Technical documentation for builders is offered at docs.air3.com.
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