Metadium Price Update Today
The META price update as of now is $0.03152. In the previous 24 hours, its trading volume was $3,570,676, and its value has increased by 0.63%. As of now, META's live market cap is $63,041,445, and it is ranked as the #2913 on the Coincu. META has a circulating supply of 2,000,000,000 and a maximum supply of 2,000,000,000.
About Metadium
What is Metadium (META)?
Metadium is a blockchain-based protocol layer that revolutionizes internet identity. It serves as the next generation of internet identity, providing decentralized digital identity and serving as the core of the Metadium ecosystem for secure and advanced identity management. Individuals who use Metadium's meta ID have complete ownership and control over their identities, enabling autonomous identification at all times.
Metadium is founded on the concept of autonomous identity, encompassing decentralized identities that operate across multiple platforms without geographical limitations. These identities also include personal information like musical preferences and favorite colors. Additionally, Metadium eliminates intermediaries and central authorities in identity verification, allowing individuals to prove their identity in a decentralized manner.
By supporting the decentralization of digital identities, Metadium eliminates the need to rely on centralized authorities for identity management. Users can assert their identity in the digital world, securely manage their data, and utilize it anytime and anywhere in a decentralized manner without trusting any central authority or entity in the ecosystem.
Core Functions of Metadium Blockchain
Metadium serves as a blockchain protocol for recording trusted identity data transactions, providing a scalable and high-performing next-generation identity platform.
The Foundation of the Protocol
Metadium operates on a blockchain using the concept of "trustless trust." It ensures that the process is not controlled by any central authority. While the internet and online communities have grown significantly, the focus on internet identities has been limited. Metadium's identity ecosystem, driven by its protocol-based ideology, establishes distributed and trusted online identities without relying on a central authority.
Decentralized PKI
Traditional reliance on a centralized authority for identity management through the Public Key Infrastructure (PKI) can lead to data ownership issues and reputational risks. Metadium's decentralized PKI (dPKI) empowers individuals to securely control the integrity of their virtual identities. Through Metadium, individuals and corporations can take ownership of their personal data and have control over how, when, and with whom they share it.
Data Ownership and Identity Autonomy
Reclaiming identity sovereignty from centralized authorities enables transparent and secure distribution of personal data, allowing individuals to have absolute control over the use and distribution of their digital assets. Individuals can assert ownership and utilize their personal data according to their preferences, while service providers and third parties cannot access data without permission.
The Metadium autonomous identity ecosystem preserves user anonymity while verifying ownership and permissions, keeping real-world identity and personal data undisclosed.
Regulations and Blockchain
The adoption of blockchain technology, with its pseudonymity and distrust, has raised concerns among regulators.
In the business world, systems not controlled by a central authority face challenges in gaining acceptance from key players. Despite the transparency and trustworthiness of blockchain, tracking malicious activities can be difficult. To address these concerns, a deeper understanding of blockchain technology is necessary.
Meta ID's development aims to create a comprehensive and efficient system. By incorporating "trustless" blockchain technology into regulatory processes, individuals and institutions can gain reassurance and promote mass adoption. Metadium enables practical use of blockchain beyond transactional value, allowing users the choice of using a regulatory compliant identity with attestation or an autonomous identity to add value.
Identity for Everything
Identity infrastructure has predominantly focused on eligibility and purpose, neglecting the intrinsic value of identity information. However, with advancing technology and the integration of identity into various devices and systems, the need for information sharing and access has increased. Assigning identifiers to devices and objects has become essential, such as the issuance of passports for transportation requirements.
Authentication and Verification
Verification and authentication are distinct concepts. Verification can be achieved through a cognitive approach, while attestation requires a third-party notary or other publicly recognized intermediary. For situations requiring proof of identity or authenticity, attestation is necessary.
Metadium supports both authentication and verification processes to create a comprehensive identity through Meta ID.
Roadmap
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