DID | Jotup

CA Wallet Portkey Presents the Key to Migration from Web2 to Web3 at Consensus 2023

Retrieved on:

Wednesday, April 26, 2023

aelf, Consensus, Ethereum, Metaverse, DID, Blockchain, Consensus decision-making, Decentralized application, Internet, Lead, Decentralized finance, EOA, Running, Non-fungible token, Cryptocurrency, Web3, Web 2.0

AUSTIN, Texas, April 26, 2023 /PRNewswire/ -- Portkey, the first CA (contract account) wallet with DID (decentralized identity) solution in aelf's ecosystem attended Consensus 2023 held by Coindesk in Austin, Texas.

Key Points:

AUSTIN, Texas, April 26, 2023 /PRNewswire/ -- Portkey, the first CA (contract account) wallet with DID (decentralized identity) solution in aelf's ecosystem attended Consensus 2023 held by Coindesk in Austin, Texas.
However, the users of Web3 are only a small fraction of Web2 users, which leads to the problem: what's stopping users from flocking into Web3?
Steven attributes the above to one crucial component of Web3 infrastructure: Web3 wallet, the entry point to Web3.
With our easy-to-use and low-cost CA wallet, I couldn't see why Web3 can't onboard billions of users."

Portkey Launched on aelf Mainnet, Aiming to Become the Web3 Wallet of Users' Choice

Retrieved on:

Wednesday, April 26, 2023

aelf, Via, Web 2.0, DID, Web3, EOA, Decentralized application, Attention, Cryptocurrency, Dapp

This means Portkey is fully ready to welcome users and developers to use the wallet and enjoy its features.

Key Points:

This means Portkey is fully ready to welcome users and developers to use the wallet and enjoy its features.
Among various crypto wallet players, Portkey has the potential to become the Web3 wallet that users would eventually choose given its all-around advantages: easy-to-use, capable of social recovery, fully decentralized and low-cost, and moreover, interoperable with multiple chains.
Native to the high-performance layer-1 blockchain aelf, Portkey is powered by aelf's cutting-edge technology: account abstraction.
Unlike crypto exchange wallets which provide user friendliness but compromises decentralization, Portkey as a CA wallet, guarantees the wallet is absolutely decentralized.

imToken CEO Ben: Time is Ripe to Break Crypto Wallet Trilemma

Retrieved on:

Wednesday, April 19, 2023

DID, Blockchain, Universal Accounting Center, MPC, Speech, WebAuthn, Festival, ENS, TSS, Mining, Architecture, Digital wallet, Cryptocurrency, Online shopping

imToken wallet held three keynote speeches during the Festival, with core content as follows:

Key Points:

imToken wallet held three keynote speeches during the Festival, with core content as follows:
This speech was delivered by imToken CEO Ben.
Drawing on its extensive wallet experience spanning seven years, imToken proposes a layered architecture solution.
These two speeches were delivered by imToken VP & RIVO GM Chuck and imToken Chief Architect Kai, respectively.
imToken believes that as technology continues to develop, and under clear guiding principles, it is possible to break through the wallet trilemma.

.bit Reveals .bit Alias to Help Users Avoid Risks of Using Decentralized Identifiers for Certain Asset Transactions

Retrieved on:

Sunday, April 16, 2023

GitHub, API, Bit, DIDS, DID, Use, Guideline, Cryptocurrency, Computer data storage

The company provides a decentralized identifier that is compatible with multiple chains and supports various asymmetric encryption algorithms for signature verification.

Key Points:

The company provides a decentralized identifier that is compatible with multiple chains and supports various asymmetric encryption algorithms for signature verification.
The .bit Alias feature can convert complex blockchain addresses into simpler and more readable .bit accounts to improve convenience.
Due to the compatibility of .bit with multiple chains, users can set a .bit Alias for an address on any chain.
Set a .bit Alias for your own address;
Provide both the blockchain address and the corresponding .bit Alias to the sender when receiving the asset.

.bit Reveals .bit Alias to Help Users Avoid Risks of Using Decentralized Identifiers for Certain Asset Transactions

Retrieved on:

Sunday, April 16, 2023

GitHub, API, Bit, DIDS, DID, Use, Multimedia, Guideline, Cryptocurrency, Computer data storage

The .bit Alias feature can convert complex blockchain addresses into simpler and more readable .bit accounts to improve convenience.

Key Points:

The .bit Alias feature can convert complex blockchain addresses into simpler and more readable .bit accounts to improve convenience.
Due to the compatibility of .bit with multiple chains, users can set a .bit Alias for an address on any chain.
Set a .bit Alias for your own address;
Provide both the blockchain address and the corresponding .bit Alias to the sender when receiving the asset.
Avoid direct assets transfers using DIDs;
Use a wallet/exchange that has upgraded its security level for its users' assets.

KuCoin Wallet Rebrands to Halo Wallet and Raises Fresh Funding

Retrieved on:

Monday, April 3, 2023

IDG, DID, DAO, NFT, Noise, Social media, Cryptocurrency, Web3

Victoria, Seychelles--(Newsfile Corp. - April 3, 2023) - Starting today, KuCoin Wallet is rebranding its name and brand identity to Halo Wallet.

Key Points:

Victoria, Seychelles--(Newsfile Corp. - April 3, 2023) - Starting today, KuCoin Wallet is rebranding its name and brand identity to Halo Wallet.
The KuCoin Wallet team has been officially spun off from the KuCoin Group and will now run Halo Wallet in an independent manner.
Halo Wallet has received its first round of financing from KuCoin Ventures, IDG, HashKey Capital, and other Web3 strategic partners around the world.
Jeff, Head of Halo Wallet, noted that "Decentralized wallet is the most important user portal for Web3.

zCloak Network Introduces Valid ID in Public Beta: A Solution for Web3 Entity Identity

Retrieved on:

Tuesday, April 11, 2023

zCloak Network 's new product, Valid ID, officially launches in public beta today.

Key Points:

zCloak Network 's new product, Valid ID, officially launches in public beta today.
Valid ID is a new product for entity identity registration and verification.
Now the zCloak team proposed a new solution: Multi-Party Attestation Based Web of Trust, and launched the Valid ID platform based on it.
Valid ID is designed to provide a secure and decentralized way for organizations to prove their identity and issue credentials.

.bit Issues a Warning on Current Risks of Using Decentralized Identifiers for Asset Transactions

Retrieved on:

Monday, April 3, 2023

DIDS, API, Blockchain, Bit, Knowledge, DID, Risk, Cryptocurrency

SINGAPORE, April 3, 2023 /PRNewswire/ -- .bit ("the Company"), an open-source Web3 identity portocal that provides permissionless decentralized identifier, recently found and analyzed severe risks involved in using decentralized identifiers for asset transaction.

Key Points:

SINGAPORE, April 3, 2023 /PRNewswire/ -- .bit ("the Company"), an open-source Web3 identity portocal that provides permissionless decentralized identifier, recently found and analyzed severe risks involved in using decentralized identifiers for asset transaction.
In reality, as .bit's analysis shows, there are five possible points where potential risks could arise with DIDs.
Therefore, it is important that users of DIDs, and in particular .bit, be aware of this warning and the risks involved.
In order to avoid the risk of losing an asset through faulty technology or illegal actions, .bit recommends not using DIDs for wallet or exchange transactions at this time.

.bit Issues a Warning on Current Risks of Using Decentralized Identifiers for Asset Transactions

Retrieved on:

Monday, April 3, 2023

DIDS, API, Bit, Blockchain, Knowledge, DID, Multimedia, Risk, Cryptocurrency

SINGAPORE, April 3, 2023 /PRNewswire/ -- .bit ("the Company"), an open-source Web3 identity portocal that provides permissionless decentralized identifier, recently found and analyzed severe risks involved in using decentralized identifiers for asset transaction.

Key Points:

SINGAPORE, April 3, 2023 /PRNewswire/ -- .bit ("the Company"), an open-source Web3 identity portocal that provides permissionless decentralized identifier, recently found and analyzed severe risks involved in using decentralized identifiers for asset transaction.
In reality, as .bit's analysis shows, there are five possible points where potential risks could arise with DIDs.
Therefore, it is important that users of DIDs, and in particular .bit, be aware of this warning and the risks involved.
In order to avoid the risk of losing an asset through faulty technology or illegal actions, .bit recommends not using DIDs for wallet or exchange transactions at this time.

Web3 ID Coalition Launches to Inform Federal Policy on Digital Identity

Retrieved on:

Wednesday, March 15, 2023

WASHINGTON, March 15, 2023 /PRNewswire-PRWeb/ -- The Web3 ID Coalition today announces its formal launch as a member-based nonprofit organization that unites technology, industry and government leaders to inform public policy that paves the way for secure, portable, and trusted digital identities. Its mission: to advocate for legislation that gives individuals, rather than corporations, ownership of their digital identities.

Key Points:

"Adoption of Web3 and other next-generation internet technologies is creating urgency to help government leaders gain a bipartisan understanding of Web3 digital identity.
Key activities will focus on defining a shared Web3 ID taxonomy, assessing digital identity technology standards, and forging public-private sector relationships as part of the Web3 ID Coalition's overall 2023 policy agenda, which includes the following set of priorities:
Policy advocacy for the inclusion of Web3 ID taxonomy in Code of Federal Regulation.
The Web3 ID Coalition invites new members who represent established identity companies, Web3 digital identity innovators, consulting organizations, and companies across industries with products or services focused on identity, risk and security.
The Web3 ID Coalition is a sponsor of the DC Blockchain Summit hosted by the Chamber of Digital Commerce on March 21, 2023.