ID

The latest headlines highlight that the Metaverse is really here to stay and to make a difference. It is not just about games and AR, it is about economy, politics and life! Just have a look!

If validated, the concept of blockchain-backed contracts could transform how artists manage their bookings.

Global digitization and coronavirus pandemic have created the need for innovative solutions to replace some traditional ones. Digital identification (ID) is one of such significant solutions trending in the world.

One superb Chinese online author identified as Chen Hongyan aka Lingchen has developed a practice in her innovative method of frequently uploading and storing her literary works onto a tamper-proof blockchain-powered store. When she uploads a piece of work, she by design gets a series of data as the digital ID for the work.

One of the largest convenience store chains, Narvesen, and Lietuvos spauda kiosks have begun trading Bitcoin vouchers in Lithuania. These coupons can be easily exchanged by customers to Bitcoin on the Internet without ID verification.

Sierra Leone set a record of becoming the first country in Africa to have national blockchain-based ID system. On August 21, the government rolled out a decentralized National Digital Identity Platform that is based on the distributed ledger technology (DLT) and the platform was designed by both the National Civil Registration Authority and KIVA. The launch happened at Radisson hotel in Freetown and was headed by President Julius Maada Bio.

The city of Austin, Texas, is testing the use of blockchain technology as a potential solution to homeless identification problems.

Velix ID, a blockchain-based ID security company, is to solve the problems of global identity verification crisis by developing its new ID verification platform. The token sale begins on January 27 and will last until February 26.

The city of Zug in Switzerland, fast becoming a popular location for crypto-related businesses, has recently announced a new option – Blockchain-based identity registration for all residents.