Binance's Web3 Reality Show 'Build The Block' Crowns zkPass as Winner

zkPass is a composable, privacy-preserving decentralized identity verification solution for Web3 based on Multi-party Computation (MPC) and Zero-knowledge Proof (ZKP) technology. zkPass aims to provide a secure and privacy-preserving identity verification solution for Web3 applications using the latest in cryptographic technology.

"At Binance Labs, we're looking to build the foundations to sustainable ecosystems that allow scalability, specifically those enabled by Zero Knowledge proof techniques. We look forward to seeing zkPass' growth as they continue to empower decentralized societies." states Yibo Ling, Chief Business Officer of Binance and judge of Build The Block.

"We are not only thrilled to be a part of the first pitch ever done in a real time metaverse series, but especially honored to win Build The Block and have the opportunity to work closer with Binance Labs," said Joshua Peng, co-founder of zkPass. "This investment helps us immensely on our journey to be the infrastructure of this decentralized world."

In addition to zkPass, four other top Build The Block contestants were offered investment from Binance Labs. The finalists were Mind Network, Kryptoskatt, Bracket Labs and DappOS, who were selected from more than 900 applications to compete on the show.

The judging panel for Build The Block included Yi He, co-founder and CMO of Binance and head of Binance Labs; Yibo Ling, chief business officer of Binance; Guy Turner, co-founder of Coin Bureau; Azeem Khan, a member of the World Economic Forum's Crypto Sustainability Coalition and fundraising and partnership lead at Gitcoin; and Robby Yung, CEO of Animoca Brands and partner at Animoca Capital.

For updates on future incubation programs and programming, follow Binance Labs on Twitter at @BinanceLabs and labs.binance.com.

About Binance

Binance is the world's leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com

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