Author name: Gaayatree

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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DID Use Cases: Self-Sovereign Identity for DAOs

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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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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Decentralized Identity Challenges & How to Tackle Them

In the evolving landscape of decentralized identity, there are a multitude of challenges that must be addressed to fully harness its potential. While decentralized identity holds the promise of empowering individuals with greater control over their personal data and enhancing privacy, it is not without its hurdles. In this blog post, we will delve into …

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Fractal ID x CrowdSwap: Making DeFi Safer With KYC

Fractal ID is proud to announce our partnership with CrowdSwap, the cross-chain opportunity provider for decentralized finance (DeFi). Fractal ID is supporting CrowdSwap by providing smooth KYC onboarding, enabling users safe access to the best opportunities in DeFi. The Challenge and the Opportunity DeFi is one of the largest growing industries today, with a value …

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Aleph Zero Partners with Fractal ID for an Effortless KYC & Onboarding Experience for its Contributors: A Case Study.

Aleph Zero is a privacy-enhancing proof-of-stake public blockchain with instant finality. This allows independent developers as well as enterprises to build decentralized projects that benefit from the speed and security of a public Distributed Ledger Technology (DLT) platform while still being able to preserve the privacy of their transactions. Challenge To launch private and public contribution …

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What Is Decentralized Identity & Why Do DIDs Matter

In recent years, there has been a growing interest in decentralized identity or DIDs as a potential solution to the challenges posed by traditional identity systems. Digital identifiers (Digital IDs) are pointers to attributes in an individual’s identity (e.g. passport number in a passport, age in an ID) that prove an individual’s identity and verify …

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