SK Planet to buy MOCA Coin for integration of Moca Network’s decentralized identity system
South Korea’s SK Planet, part of SK Group, has announced plans to purchase MOCA Coin (MOCA) on the open market as it adopts Moca Network’s decentralized identity (DID) infrastructure. The initiative will introduce zero-knowledge proof technology and decentralized identity verification across SK Planet’s ecosystem, which serves 28 million users and 95,000 merchant partners. Enterprise-scale decentralized identity Moca Network, a project by Animoca Brands, is building a chain-agnostic identity layer designed to give users ownership of their data while ensuring interoperability across platforms. By integrating AIR Account and AIR Identity, SK Planet aims to allow merchants to verify user information with explicit consent, while ensuring that private data remains under user control. “Partnering with Moca Network enables SK Planet to bring decentralized identity and privacy-preserving verification to our millions of customers and merchant partners,” said...