Meme coin Shiba Inu SHIB/USD is planning to combine Self-Sovereign Identity (SSI) into its protocols, a transfer anticipated to reinforce the safety of the community and supply customers with extra control over their digital identities.
Shytoshi Kusama, the venture’s lead developer, acknowledged that the combination of SSI is a part of a broader mission to reimagine and redefine finance, belief, and id for the digital age.
Shiba Inu’s SSI integration is anticipated to be a key part of all its future initiatives, together with the upcoming Shibarium Layer 2 blockchain.
Additionally Learn: Google Cloud’s Entry Into Celo Network Signals Mainstream Adoption Of Blockchain Technology
Shibarium is anticipated to supply scalability, safety, and extra real-world use instances to the Ethereum ecosystem.
The mixing of SSI into Shiba Inu’s protocols is anticipated to provide customers extra management over their private information and its distribution on-line.
This can be a vital shift from the present centralized buildings of id administration which might be prevalent right now.
“Embarking on a mission to reimagine and redefine finance, belief, and id for the digital age, we’re releasing far more than simply an excellent L2 blockchain with interoperability throughout numerous chains and companies,” Kusama acknowledged. “We’re laying the groundwork for a brand new world customary in decentralized digital belief and international identity verification.”
Learn Subsequent: Bitget Plans ‘Crypto Experience Day’ To Show Millennials, Gen Z What The Future Holds
Be a part of Benzinga’s Way forward for Crypto in NYC on Nov. 14, 2023 to remain up to date on developments like AI, rules, SEC actions & institutional adoption within the crypto house. Secure early bird discounted tickets now!