Use Cases
Deeproof bridges the gap between strict regulatory compliance and user privacy in the Web3 space.
Real-World Scenarios
1. RWA (Real World Asset) Platforms
Investment platforms dealing with real estate, treasuries, or private credit require strict KYC to comply with laws.
- Without Deeproof: Users upload passports to a new, potentially small platform.
- With Deeproof: Users connect their wallet and prove they are a verified Binance user. The platform gets a valid compliance check without handling sensitive files.
2. Launchpads and Token Sales
Preventing bots and ensuring fair distribution often requires "Humanity Check" or KYC.
- Scenario: A popular IDO requires participants to be KYC'd to prevent sybil attacks.
- Deeproof Solution: Participants generate a ZK proof of their identity. The launchpad verifies the proof on-chain in seconds.
3. Permissioned DeFi
Some DeFi protocols need to restrict access to accredited investors or exclude users from sanctioned jurisdictions.
- Scenario: A lending pool is only open to non-sanctioned individuals.
- Deeproof Solution: Users prove they satisfy the criteria (e.g., "I am KYC'd and not in a blocked region") without revealing their exact location or nationality.
4. Under-Collateralized Lending
Lending without full collateral requires reputation.
- Scenario: A protocol wants to offer lower rates to reputable users.
- Deeproof Solution: A user's long-standing verified status at a major exchange can serve as a reputation signal, unlocking better terms.