Moca Foundation has announced the upcoming launch of Moca Chain, a Layer 1 blockchain focused on identity and user data, with a testnet release scheduled for the third quarter of 2025 and a mainnet launch by the end of the year.

As part of Animoca Brands, Moca Network aims to enable Web3 projects to verify user identities without relying on centralized platforms.

Moca Chain seeks to empower individuals, devices, and AI agents to control and verify their digital credentials, enhancing privacy and user ownership.

Yat Siu, co-founder of Animoca Brands, emphasized that Moca Chain addresses security risks associated with single sign-on systems by providing decentralized ownership of user data.

The decentralized identity system of Moca Chain could serve as a crypto-based alternative to existing single sign-on solutions, addressing privacy concerns linked to big tech.

Moca Chain's composable identity layer will facilitate the transfer of user attributes across decentralized applications while ensuring user privacy.

Key use cases for Moca Chain include applications in healthcare, recruitment, finance, and advertising, focusing on verifiable electronic health records, verified credentials, privacy-preserving KYC/AML, and unified user onboarding.

The blockchain will feature decentralized data storage, cross-chain identity oracles, and utilize zero-knowledge transport layer security (ZK-TLS) for on-chain verification.

Moca Chain will utilize the MOCA token for various functions, including transaction fees, validator staking, and data verification, with its value increasing by over 6% following the announcement.

Moca Network's identity management software development kit, AIR Kit, is integrated into various partner offerings, potentially reaching over 700 million users.

Notable partners include South Korean loyalty rewards program OK Cashbag, which has over 28 million identity-verified users, and German football media company One Football, with 200 million monthly active users.

Moca Foundation aims to foster innovation in decentralized governance and drive the development of a large interoperable cultural economy in the Web3 space.