The wave of artificial intelligence ( AI ) is still ongoing, but some experts believe that the real next hot topic may be 'on-chain identification' ( Onchain Identity ). While AI has garnered widespread attention, its practical applications still require time. In contrast, the field of on-chain identification is quietly rising, becoming the new focus.

Multiple decentralized autonomous organizations ( DAO ), public chains, and payment protocols have begun to layout in areas such as soul-bound tokens ( SBT ), on-chain reputation, and identity binding. It is generally believed in the industry that the platform or protocol that can first solve the user identification problem will occupy a dominant position in the future data economy.

Currently, several protocols are becoming key components of Web3 identification systems. The tokens of these protocols have just started circulating and may contain significant investment opportunities. Notably, projects such as Galxe (GAL), Prometeus (PROM), and Solana (SOL) are making strides in this field.

The importance of on-chain identification is not only reflected in its ability to address the question of 'who is a person', but also in its foundation for building a more transparent, secure, and trustworthy Web3 ecosystem. As this field continues to evolve, we may see more innovative applications and business models emerging, thereby driving the entire blockchain industry forward.

However, we should also be aware that while promoting on-chain identification development, it is necessary to balance the relationship between privacy protection and identification verification. Only by protecting user rights can on-chain identification truly become a key force in driving the development of Web3.