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Shiba Inu’s (SHIB) upcoming blockchain-based digital identification undertaking can have a “myriad” of use circumstances that may assist keep decentralization, in accordance with pseudonymous memecoin lead developer Shytoshi Kusama.
Shib, the ecosystem’s official Twitter account, introduced final week that Kusama is planning to combine Self-Sovereign Identification (SSI) in all Shiba Inu tasks.
SSI is a blockchain-based digital identification answer akin to passports for proving identification within the digital world. SSI offers customers complete management over how their digital identification is saved and used.
Says Kusama of the brand new growth,
“From enhanced enterprise processes, to value financial savings for mom-and-pop companies struggling below the burden of inflation, to fraud prevention for governments, Shib SSI will assist our neighborhood of devs obtain wonders. As an illustration, SHIB SSI solves the complexity of the Shib Ecosystem by permitting for granular governance at a degree not earlier than realized by a decentralized neighborhood…
By harnessing these applied sciences, we envision a world the place identification theft is a factor of the previous, the place private knowledge leaks are unprecedented, the place belief is inherent and never an exception. This isn’t a mere concept however a tangible future that’s not unimaginable.”
The SSI announcement comes because the undertaking will get nearer to releasing its much-anticipated layer-2 scaling answer, Shibarium. Kusama has mentioned beforehand that it’s “extremely possible” they’ll launch the scaling answer on the Blockchain Futurist Convention, which takes place from August Thirteenth-Seventeenth in Toronto.
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