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Shiba Inu (SHIB) Plans To Integrate Digital Identities Into Its Ecosystem’s Projects, Says Developer

August 5, 2023
in Altcoin
Reading Time: 2 mins read
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The Shiba Inu (SHIB) ecosystem will make blockchain-based digital identification a part of the venture’s future developments.

Shib, the ecosystem’s official Twitter account, says that lead developer Shytoshi Kusama is planning to combine Self-Sovereign Identification (SSI) in all Shiba Inu tasks.

SSI is a blockchain-based digital identification resolution akin to passports for proving identification within the digital world. SSI provides customers whole management over how their digital identification is saved and used.

In accordance with Shiba Inu influencer Lucie, Shibarium SSI provides 5 enormous advantages for all holders of the ecosystem’s tokens.

“Shibarium SSI: Management your knowledge, keep personal!

Self CustodyPortabilityZK (zero-knowledge) CompliantSecureGateway

Your key to safe identification!”

Image
Supply: Lucie/Twitter

The announcement comes amid pleasure over the venture’s extremely anticipated layer-2 scaling resolution, Shibarium. Shib says the group is already seeing large development forward of the launch.

“Our group is rising at warp velocity. We’ve simply reached an all-time excessive within the variety of addresses holding SHIB, witnessing a exceptional 22% enhance previously week. Welcome to all the brand new SHIBARMY recruits.”

SHIB is at the moment buying and selling for $0.00000837. The Dogecoin (DOGE) competitor is up by 7.2% over the previous week however stays over 90% down from its all-time excessive of $0.00008616.

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Tags: DeveloperDigitalEcosystemsIdentitiesintegrateInuPlansProjectsSHIBShiba
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