Midnight, a fourth-generation blockchain established for rational privacy and backed by “The Midnight Foundation,” is pleased to announce its strategic integration with Creditcoin, a foundational L1 blockchain revolutionizing real-world asset (RWA) financing. Basically, the primary objective of this partnership is to raise awareness about people’s human nature and distinguish them from artificial intelligence (AI) .
The need for a real identity arises from the previous year’s increase in document fraud. Although there are many advantages that come into human life, which make human life much easier than previous ones. But identity fraud has seen the crossing of highly credible digital forgery. As per the report by Entrust’s 2025 Identity Fraud, generative AI now accounts for 57% of all document fraud- a244% increase over the past year.
Midnight and Creditcoin Create Secure, AI-Resistant On-Chain Identity and Credit
Midnight and Creditcoin will differentiate Decentralized Identity (DID) and Onchain Credit Reputation by building a lifelong record of human economic behavior directly on the blockchain that clearly differs from non-human entities. In all this effort, financial history is not compromising or exposing sensitive financial information.
Fahmi Syed, President of the Midnight Foundation, said, “AI is becoming increasingly powerful, and that innovation is important to technological advancements as a whole, but at the same time, we cannot allow AI to erode the trust we are working so hard to bring to the digital world. Verification and privacy can absolutely coexist as long as users have the proper cryptographic tools. Our work with Credence shows that we don’t have to choose between technological progress and protection.”
Advancing Secure and User-Controlled Human Digital Identity
A survey conducted by the Government of the UK elaborates on the present usage of digital identity and highlights the desire and importance of privacy-preserving technology. Moreover, the importance of digital identity stands in its own place and needs to be decentralized. While 44% responses show that they have experience with digital identity, and at the same time, a prominent figure of 70% demands that security and privacy are important factors for consumers.
Midnight’s technology protects users’ loan amounts or any transaction history demonstrating repayment behavior without exposing the merchants they have worked with. In simple wording, the goal is to prove that the user is a real person with genuine economic relationships and history. The mission is to secure a decentralized identity purely user-controlled.
In addition, the Founder of Creditcoin, Tae Oh expressed his thoughts. He said, “There are billions of people worldwide who have been excluded from traditional financial systems, and we believe that our research with Midnight can help open new doors to the global digital economy. We believe we have the concept of proving true, human identity, without ever having to give up financial sovereignty or privacy, which is clearly so important to a large number of people. We are trying to build an inclusive future where someone’s digital existence works for them and not against them.”
