Moca Foundation Launches Moca Chain for Decentralized Identity Management

Moca Foundation, a blockchain development firm, has announced the launch of Moca Chain, a new layer-1 blockchain designed to focus on privacy-preserving identity and data authentication. This blockchain is specifically built for identity and user data management applications, aiming to support the development of identity protocols that allow individuals, devices, and artificial intelligence agents to control and verify their credentials without relying on centralized service providers.

The testnet for Moca Chain is expected to launch in the third quarter of 2025, with the mainnet deployment scheduled for the fourth quarter of the same year. The network will enable the verification of both onchain and offchain user data by applications on any chain. The MOCA token will be utilized for various purposes, including transaction fees, validator staking, storage, oracle services, data generation, and verification fees.

Moca Chain leverages decentralized data storage, crosschain identity oracle, and web proof data generation through zero-knowledge transport layer security (ZK-TLS) and onchain verification. The blockchain is also compatible with the Ethereum Virtual Machine (EVM), facilitating interoperability with Ethereum and its sister chains. This compatibility ensures that applications built on Ethereum can seamlessly integrate with Moca Chain, enhancing its utility and reach.

Yat Siu, co-founder and executive chairman of crypto venture capital firm and Moca Foundation launch partner Animoca Brands, highlighted the significance of single sign-on (SSO) implementations. SSO allows users to access multiple applications and services with a single set of login credentials, serving as keys to a user’s data, services, and digital lives. However, Siu noted that SSO represents a centralized point of failure that compromises security. Moca Chain seeks to solve this problem by giving users decentralized true ownership of their data, ensuring the sovereignty of users’ digital identity without a single point of failure.

Moca Network’s identity management software development kit, AIR Kit, is already integrated into offerings by various partners, including Animoca Brands’ portfolio companies, partners, and affiliates. This integration results in a reach of over 700 million addressable users. Data from AIR Kit-integrated systems will be available to protocols and applications built on Moca Chain, including leading South Korean loyalty rewards program OK Cashbag, which counts over 28 million identity-verified users, as well as German football media company One Football, with its 200 million monthly active users.

The launch of Moca Chain is a significant step forward in the realm of decentralized digital identity. By leveraging blockchain technology, Moca Chain aims to create a more secure and user-centric digital environment, where users have full control over their personal data and interactions. This initiative addresses the challenges associated with traditional identity systems, such as data breaches and lack of user control, by ensuring that identity information is not centralized in a single location. The network's focus on decentralization reduces the risk of unauthorized access and misuse, providing a robust framework for developing and implementing decentralized identity protocols.