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Fractal ID x Avalanche: Bringing Decentralized Identity to the Avalanche Ecosystem

We are proud to announce that we will be deploying Fractal ID on Avalanche, the open, programmable smart contracts platform for decentralized applications (dApps). Fractal ID is supporting Avalanche by bringing DIDs to the Avalanche ecosystem, enabling users to seamlessly jump from one dApp to another. Seeing the opportunity in Avalanche Avalanche is one of the fastest smart contracts platforms …

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Centralized vs. Decentralized Identity Management In 2022

The rising regulatory compliance and security concerns is driving the growth of the identity management market, which is projected to grow from ±$13B in 2021 to ±$34B in 2028. Leveraging blockchain technology in identity management is expected to boost this growth as it brings back data ownership to the users, protecting them from exploits and fraud. In …

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Decentralized Identity Use Cases: DIDs For a Safe & Private Metaverse

Although it is still in its infancy, the global metaverse market size is growing exponentially and is expected to reach a market value of almost 2 trillion USD by 2030 growing at an annual rate of above 45% from 2022 to 2030. The metaverse carries numerous opportunities for businesses and users alike, helping people connect, socialize, and …

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DID Use Cases: Decentralized Identity for Verifiable NFT Authenticity

With rising interest in blockchain technology and digital artwork, the NFT market has seen significant growth in the past 2 years, and is expected to grow by ±$147B from 2021 to 2026 at a CAGR of 35.27%. However, there are some challenges, such as copyright infringements and using NFTs for money laundering, that are compromising …

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DIDs Use Cases: Decentralized Identity For Sybil-Resistant Quadratic Voting

In our recent article about the safety of DeFi, we talked about the challenges that face the DeFi industry due to the anonymous nature of its users, and we explored how deploying KYC and an identity layer to DeFi platforms can help mitigate the risks of scams, identity theft, and other illicit activities, reassure regulators …

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Fractal ID x Beamswap For Frictionless Launches on Moonbeam

Fractal ID and Beamswap are joining forces to enable trusted, secure, and compliant project launches on Moonbeam network. Fractal ID is happy to announce our partnership with Beamswap, a decentralized exchange (DEX) on Moonbeam with an automated market maker (AMM), providing liquidity and peer-to-peer transactions. Fractal ID is supporting Beamswap by implementing Fractal ID to …

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The Updated FCL Incentive Model

Earlier this year we unveiled our roadmap for 2022 wherein we announced our focus on providing the critical infrastructure for identity management in web3. This is an important next step, because our identity management solution (multichain DID) is essential in order to grow the Fractal ID ecosystem and accomplish our mission: empowering and incentivizing users …

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Fractal ID x ReBaked: Fostering A Transparent and Inclusive Web3 Ecosystem

Fractal ID is proud to announce our partnership with reBaked, a “reverse launchpad” for helping web3 ecosystems achieve shared goals by providing collaboration mechanisms, growth tools, governance infrastructure, and revenue-sharing agreements for their contributors. Fractal ID is supporting reBaked by providing seamless and privacy-preserving KYC experience to users in order to establish grounds for transparent …

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