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Home»Crypto»LayerZero and Trident3 launch P2P digital identity on over 70 blockchains
Crypto

LayerZero and Trident3 launch P2P digital identity on over 70 blockchains

July 3, 2024No Comments2 Mins Read
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Trident3 has recently partnered with LayerZero to integrate their peer-to-peer digital identity solution, T3id, across more than 70 interconnected blockchains. This collaboration allows users to easily verify themselves on various blockchain networks through LayerZero’s infrastructure.

Steve Goldstein, CEO of Trident3, explained the significance of peer-to-peer identity verification in a recent interview with Crypto Briefing. He emphasized the importance of being able to verify the authenticity of transactions and communications, highlighting the added value of LayerZero’s extensive network of blockchain partnerships.

The T3id functions as a unique non-fungible token (NFT) tied to a specific wallet, ensuring the individuality of each user’s identity. By utilizing a “lock and mint” model, users can seamlessly use the same identity across different blockchain platforms.

Simon Baksys, VP of Business Development at LayerZero Labs, praised Trident3’s efforts to enhance digital identity security and mitigate on-chain risks through the T3id solution. He emphasized the inclusive nature of the collaboration, aiming to make the T3id token accessible to all users across diverse ecosystems.

In addition to enhancing security measures, the T3id also allows users to selectively share information on-chain, granting them control over their digital footprint. This approach ensures that users can authenticate themselves without compromising their privacy.

Goldstein highlighted the versatility of the T3id in providing users with a secure and transparent means of identification in the Web3 environment. By giving users the ability to verify their identity without oversharing personal information, T3id offers a novel approach to digital identity verification.

Ultimately, T3id addresses the need for secure and transparent identity verification in the decentralized world of blockchain technology. Goldstein emphasized the importance of providing users with the assurance of knowing the identity of their transaction counterparts, underscoring the transformative potential of T3id in redefining digital identity verification.

blockchains digital identity Launch LayerZero P2P Trident3
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