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Galactica Network
Galactica Network is a Web3 identity protocol focused on privacy and zero-knowledge proofs, providing an omni-chain Identity Virtual Machine (IVM) that gives meaning and utility to Web3 identity primitives. It serves dApps, DeFi protocols, and regulated financial institutions seeking compliant privacy and reputation-based services, with partners such as SwissBorg and Zama.
Distributed
Description
Galactica Network has built an identity stack over the past three years, culminating in the first omni-chain Identity Virtual Machine (IVM). The protocol aggregates data from both Web2 and Web3 sources into a user's Cypher Book (Passport), using zkCertificates as private data silos to encrypt and on-ramp off- and cross-chain data, securely store it, and generate selective disclosures. An FHE-powered Reputation Root Contract enables private computation of dynamic reputation functions over this encrypted data, allowing dApps to differentiate service offerings based on user reputation (e.g., loan terms based on reputation thresholds). Key use cases include Web3 Identity Stack, Reputation Augmented DeFi, Compliant Privacy, DeSoc & SocialFi, and Regulated Financial Instruments. A flagship deployment is zkKYC with SwissBorg, a European prime brokerage, acting as a KYC Guardian partner to let users control their data and identity while engaging securely in digital ecosystems. Galactica also offers a MetaMask Snap for managing ZK-certificates, a block explorer/analytics platform, and its native token $GNET, tradeable on Jupiter and Raydium.Grant Funding
VC Funding
None
2024
$0
$5.6M