Discover and read the best of Twitter Threads about #DIDs

Most recents (11)

The FUTURE of digital identity management is here 💫🪪

Introducing #PolygonID, a decentralized and privacy-preserving solution for SSI in #Web3. Polygon ID implements the Iden3 protocol and is built to overcome challenges in SSI adoption.
The internet was built without an identity layer, leading to reliance on centralized platforms that exploit personal data. The Self-Sovereign Identity (#SSI) movement aims to change that by giving users control over their personal data.
The SSI ecosystem is composed of Issuers, Identity Holders, and Verifiers. Decentralized Identifiers (#DIDs) and Verifiable Credentials have become the industry standard for SSI, with over 100 DID methods registered.
Read 9 tweets
cheqd has published the fourth iteration of their $CHEQ tokenomics.

cheqd.io/blog/cheqd-tok…

Here is our summary on the updates and what it means for current as well as future $CHEQ holders.

A 🧵👇
TL;DR

The tokenomics change intends to improve the tokenomic sustainability of the cheqd network.

This is achieved through both an increase in gas ⛽️ price and the introduction of deflationary mechanisms in the form of burns ❤️‍🔥
Essentially, the tx fee used for identity transactions on the $CHEQ network will be split:

A) a portion will go back to Validators and Delegators as block rewards
B) a portion will be burnt (destroyed) to reduce supply
C) a portion will be designated to the Community Pool.
Read 14 tweets
It's time to talk about trust.

If Cosmos is the internet of blockchains, then Cheqd is the internet of trust.

But what is Cheqd?

How does it work?

And why is it key for #Web3 to become a reality?

A 🧵👇

$CHEQ @cheqd_io
#Web3 #SSI #cosmos #DID
Decentralised Identifiers #DID's, and #incentives via blockchain solutions are going to challenge everything we know about handling #data.

New commercial business models.

New marketplaces.

New privacy.

It's the bedrock of #web3.

Cheqd is making it easier for (A) individuals and (B) organisations to trust each other!

No more data silos to be leaked or hacked.

No more data sold without consent.

No more relationships and transactions without trust.

Taking back control in a trustless network.
Read 12 tweets
Aloha, cheqmates!🍹 We’ve had another great week at cheqd, let’s quickly recap.

👇
📰 In the news 📰

cheqd have recently been mentioned in @TechBullion, ‘Understanding Decentralized Identities (#DIDs) and Why They Matter for Web 3.0 Mass Adoption’ 🥳

cheq out the article here techbullion.com/understanding-… 😎

👇
And @fraser_again was featured on @TechNative, discussing why #NFTs & #SBTs aren’t the best solutions for #digitalidentity.

Read more here technative.io/why-nfts-and-s… 👈

👇
Read 9 tweets
What a week!

We’re proud to be listed on @LBank_Exchange.🥳

LBank is one of the leading crypto exchanges in the world. This adds another option for cheqmates to help us in the fight to get back full ownership and control of our data.

cheq it out:👇

Partners can now create and manage did:cheqd #DIDs more easily, and for the first time on cheqd issue and verify Verifiable Credentials (#VCs) and Verifiable Presentation (#VPs)

Don’t forget to cheq out our latest blog for all the juicy details

cheqd.link/jru5

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We’re pleased you’ve pitched some ideas. We're looking for more ideas on #DEX pairs specifically.

Please take the opportunity to gather more thoughts and have your say by Sunday 28th August 2300 UTC +1. Please use the hashtag #cheqdPair @cheqd_io, and we’ll collect ideas.

👇
Read 5 tweets
We're thrilled to share that we're live on the #UniversalResolver! 😃 🥳

The Universal Resolver is a tool run by Danube Tech that enables interoperability for #DIDs by providing search and resolution (access to the results) of DIDs across networks.

More 👇
It's directly related to the work that has been done by the @WebOfTrustInfo and @idworkshop communities around a Decentralized Public Key Infrastructure (#DPKI) and Decentralized Identifiers (DIDs).

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@WebOfTrustInfo @idworkshop Which support different “methods” for registering identifiers on decentralised systems such as the @Bitcoin blockchain, @Hyperledger, @ethereum, @IPFS, and others.

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Read 10 tweets
We’re excited to share that the @cheqd_io DID resolver is now publicly available on our @github.

We’re big fans of #OpenSourcing all that we can, and this is an exciting opportunity to share our work!

github.com/cheqd/did-reso…

But what does this mean?

Read on 🧵
A #DID (#DecentralisedIdentifier) is a unique identifier that doesn't require a centralised registration authority because it is registered with a distributed ledger technology or other form of registry.

This is known as a Verifiable Data Registry.

w3.org/TR/did-core/
#DIDs are the cornerstone of #SSI and work closely with #VCs (#VerifiableCredentials)

Learn more in our example below which neatly uses James Bond's Aston Martin

learn.cheqd.io/overview/intro…
Read 10 tweets
@EthereumDenver was a superspreader of spores for the new social fabric of #Web3.

#DigitalCredentials and #ReputationProtocols entangle into a symbiotic relationship - online and offline. 🧬

ICYMI: 5 #OpenRecognition moments into a single thread ⬇️ 🧵
/1 the Keynote. @provenauthority hypnotic narrative connects the above (#OnChain) with the below (#OffChain), the present (#Web2) with the future (#Web3) across one rainbow of Use Cases 🌈

See you on the dancefloor ! 🕺 @discoxyz

#VC #DIDs #W3C

/2 #P2P Reward systems. #Praise to @tokengineering research and #hail to #OpenScience. 🙏

Inverting the "Get cited or die" dark and toxic mantra of research.

#DAO #DeSci

@NEARProtocol @oceanprotocol @SputnikDAO

Read 7 tweets
📱Digitale und selbstbestimmte Identität

Das Thema hat aktuell viel Fahrt aufgenommen und wird in verschiedenen Initiativen getrieben. Doch was hat es damit auf sich und was bietet Lissi für einen Mehrwert?

Wir fassen diese Themen in Thread zusammen (1/23)
(1/ 23) Unser Leben und Miteinander hat sich im letzten Jahr drastisch verändert. Die intensive Nutzung von digitalen Medien, Plattformen und Tools stellt unsere Gesellschaft vor eine große Herausforderung.

Wir sehen hierbei die digitale Identität als Schlüsseltechnologie.
(2/ 23) Die ungewollte und unerlaubte Veröffentlichung von personenbezogenen Daten ist ein allgegenwärtiges Problem! Sogenannte Daten-Leaks werden quasi wöchentlich bekanntgegeben.

Laut @haveibeenpwned wurden bereits über 10 Milliarden! Datensätze öffentlich gestellt.
Read 24 tweets
Getting close to @Polkadot and @kusamanetwork parachain launch by @web3foundation, we check why #parachains need @Kiltprotocol and how ones can benefit from #KILT beeing a #Polkadot and #Kusama parachain.

link.medium.com/mXZl0AK5Beb
#KILT provides a base layer for verifiable credentials in Web 3.0 world, building a permissionless trust infrastructure for real-world business cases like #DeFi, genetics testing, cloud computing and energy partnerships, also exploring collaborations in climate change and gaming
As parachain Kilt would provide its #DIDs (Decentralised Identifiers) and Verifiable Credentials through Relay Chain to other parachains

KILT would soon be able to utilise functionality from other parachains, such as smart contract systems and oracles.

link.medium.com/kjWnWTa6Beb
Read 12 tweets
I propose we are a year into a 5 year long ‘DeFi Mega Hype Cycle’ = doubling of 2017 $600bn highs and a sustained mainstreaming of the industry

#DeFi 2.0 | Innovations for Institutional Adoption

Full Article HERE outlierventures.io/research/defi-…

Thread 👇
By 'Institutional DeFi' I mean the full spectrum from;

Crypto Native Startups to Fintech, the commercially Underbanked (like SMEs) all the way to large Financial Institutions

..
Key Innovation Triggers:

(1) #NFTs (Non Fungible Tokens)

(2) Confidentiality Solutions (ZKPs, bulletproofs, Secret Contracts)

(3) #DIDs (Decentralised Identifiers) & Verifiable Claims

(4) #AEAs (Autonomous Economic Agents)
Read 23 tweets

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