Shiba Inu (SHIB) Developer Reveals Plan to Integrate Digital Identities into Ecosystem Projects

Shiba Inu (SHIB) Ecosystem Embraces Blockchain-Based Digital Identity for Future Developments.

Shiba Inu (SHIB) Ecosystem to Integrate Self-Sovereign Identity (SSI) in All Projects, Promising Five Key Benefits

Shiba Inu's official Twitter account, Shib, has announced that lead developer Shytoshi Kusama is actively working to integrate Self-Sovereign Identity (SSI) across all Shiba Inu projects.

SSI, a blockchain-based digital identity solution, functions like passports for proving one's identity in the digital realm. With SSI, users gain complete control over how their digital identity is stored and utilized.

Influencer Lucie highlights five significant advantages of Shibarium SSI for all holders of the ecosystem's tokens:

  1. Self Custody
  2. Portability
  3. ZK (zero-knowledge) Compliant
  4. Secure
  5. Gateway

Shibarium SSI empowers users with a secure and private means of managing their data, ensuring they retain full control over their digital identities.

Source: Lucie/Twitter

Shibarium Launch Sparks Massive Community Growth as SHIB Sees 22% Surge in Addresses Holding the Token

The highly anticipated layer-2 scaling solution, Shibarium, has ignited excitement within the community, resulting in remarkable growth ahead of its launch. Shib reports a warp-speed expansion, with the number of addresses holding SHIB reaching an all-time high, showing an impressive 22% increase in just one week. The project extends a warm welcome to all new SHIBARMY recruits.

Currently trading at $0.00000837, SHIB has seen a 7.2% increase in the past week. However, the Dogecoin (DOGE) competitor remains over 90% below its all-time high of $0.00008616.


Aug 05, 2023

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