Decentralized Identity


Finance

Animoca Brands' Flagship Project Moca Network to Debut L1 for Digital Identity

The Moca Chain testnet is expected to start up in the third quarter with the mainnet following by year-end.

Yat Siu, Co-Founder and Executive Chairman, Animoca Brands (Shutterstock/CoinDesk)

Finance

Worldcoin Rival Humanity Protocol's Valuation Jumps to $1.1B After Fresh Fund Raise

The protocol aims to rival OpenAI founder Sam Altman's Worldcoin project, which is built around scanning users' irises.

Humanity, identity(B_me Pixabay)

Tech

MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals

MicroStrategy has already built one application using its service. "Orange For Outlook" integrates digital signatures into emails to enable recipients to verify the identity of the sender

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Web3

Social Network MeWe Heralds Migration of Users to Web3 From Web2

MeWe said at Consensus 2023 in April that it would be adopting the Polkadot parachain Frequency to bring self-sovereign blockchain-based identities to its 20 million users

Left to right: Braxton Woodham, Patrick Murck, Jeffrey Edell and Ursula O’Kuinghttons (Shutterstock/CoinDesk)

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Web3

Leaders in Decentralized Identity Slam Soulbound Tokens

On a panel discussing how to protect your identity, “our most precious asset,” the consensus was that SBTs were absolutely the wrong path.

Left to right: Evin McMullen, Tyrone Lobban, Daniel Buchner and moderator Marc Hochstein (Shutterstock/CoinDesk)

Finance

Decentralized Identity Network Space ID Raises $10M

The round was led by crypto investment firms Polychain Capital and dao5.

U.S. Dollars (Shutterstock)

Opinion

Dear Elon, This Is How to Decentralize Twitter and Give the Internet Back to Everyone

The self-sovereign web would use protocols, not companies, to build the tools we need most.

(Chesnot/Getty Images)

Opinion

Anyone Can Start a Hedge Fund: How On-Chain Credit Changes the Crypto Economy

Undercollateralized loans open crypto into new forms of financing, and could spur a wave of trading activity and capital formation.

(Dan Cristian Pădureț/Unsplash, modified by CoinDesk)

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Finance

Buenos Aires to Create Digital Identity Platform

The tool is expected to be operational no later than the first quarter of 2023, according to a city official.

Buenos Aires, Argentina (Tim Snell/Getty Images)

Tech

Decentralized Identity Startup Spruce Raises $7.5M

Ethereal Ventures and Electric Capital led the round, with Alameda Research, Coinbase Ventures and Protocol Labs joining in.

(Markus Spiske/Unsplash)

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