In view of the problems of false property rights and difficulties in identity authentication in intellectual property transactions, an identity authentication model for intellectual property transactions based on an alliance chain is proposed. Firstly, the two-factor identity authentication model's roles, functions, and processes are constructed. Secondly, the two-factor authentication mechanism of ID password combined with physiological and property rights features is proposed, the identity identification generation method of fingerprint biometrics and intellectual property features is established, and the constraint compression strategy based on Poseidon hash is designed to reduce the workload of zero-knowledge proof algorithm and realize the consistency of property rights identity. Finally, the security and performance analysis of the authentication model is carried out, and the comparison and validation of related models are carried out, which shows that the model has good security and reliability.