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Author name: Gaayatree

Fractal x Polytrade: Decentralized Identity For Safe & Private Trading

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Fractal ID is proud to announce our partnership with Polytrade, the blockchain-based decentralized protocol that aims to transform receivables financing & connect buyers, sellers, insurers, & investors for a seamless trading experience. Fractal ID is supporting Polytrade by providing decentralized identity to the Polytrade platform, enabling seamless onboarding, safe trading, and privacy-preserving collaboration. Tackling the challenges of web3 …

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Fractal ID x Aurora: The Aurora Ecosystem Tapping Into The Open DID Registry

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Fractal ID is happy to announce our partnership with Aurora, the Ethereum Virtual Machine (EVM) that enables developers to create smart contracts for the Ethereum network. Fractal ID is supporting Aurora in creating a safe and compliant ecosystem for users and developers by deploying our privacy-preserving DID registry enabling them to use DIDs and jump …

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

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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

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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

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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

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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

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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

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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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DID Use Cases: Self-Sovereign Identity for DAOs

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As we explained in our in-depth guide, decentralized IDs (DIDs) are digital identifiers associated with users’ attributes which can be used to prove a person’s rights to access data or services without disclosing unnecessary information about them. They bring back ownership of user data to the users themselves and establish grounds for a privacy-preserving way …

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