Justin Sun, a Huobi’s Global Advisory Committee member, previously mentioned that digital identification (DID) is the next trend in the development of the crypto industry. He believes that more countries and regions will establish identification systems in the future digital form. With this partnership, starting with Dominica, Huobi aims to promote future cooperation with other countries and regions.
TRON also announced its partnership with Dominica, leading the development of the Dominica metaverse digital identity project. The project aims to construct the Dominica Metaverse digital world and operate the Dominica Metaverse platform.
The Dominica Digital Identity project aims to provide an identity verification system that enables citizens and residents to store their identification information securely and decently. The project aims to use blockchain technology to enhance security and privacy in managing identity information.
The partnership between Huobi, TRON, and DMC Labs signifies a significant step towards developing the Dominica Digital Identity project. The collaboration aims to leverage the expertise and resources of the three organizations to achieve the project’s goals.
Furthermore, this partnership demonstrates the increasing adoption of blockchain technology in the identity verification sector. The decentralized nature of blockchain technology provides a secure and tamper-proof system for identity verification, which has significant potential in various industries.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Annie
Coincu News
Bitcoin surges to $89K while BlockDAG secures $122M, marking a thriving crypto scene. Solana and…
Investors are more hopeful about rapid gains as Ethereum and Shiba Inu exhibit encouraging indications.
Blockchain Cross Chain Bridge Flows highlight Base, Solana, and Sui as the top performers, while…
Giggle Academy Twitter Hack reports that the account of Binance founder CZ’s project was compromised,…
Gary Gensler Resignation is expected as SEC Chairman Gary Gensler is likely to step down…
Larry Harmon, the Helix crypto mixer founder, was sentenced to 3 years in prison for…
This website uses cookies.