SIGNATA WILL LEVERAGE CHAINLINK ORACLES TO POWER ITS ON-CHAIN IDENTITY MANAGEMENT SYSTEM.

Published on: 13.05.2021

Chainlink is proud to announce the upcoming Signata integration with market-leading decentralized oracle network Chainlink. This integration will build the necessary linkage between blockchain identity management systems and the off-chain identification of risk for real-world applications. Signata is building risk analysis systems off-chain for service providers, who will then in turn report dynamic risk levels of identities on-chain using Chainlink-powered decentralized oracle networks, ultimately helping protect sensitive on-chain smart contract operations using identity data.

 

About Chainlink

Chainlink is the most widely used and secure way to power universally connected smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others.

 

About Signata

Congruent Labs is the company building Signata and the Identity Guard and Anonymity Framework. Signata is a privacy-focused and “full-stack” identity and access solution for the future, building private authentication solutions, delegated rights management, and integrating strong hardware key storage for the protection of everyone’s online lives. The Signata Crypto service is a zero-knowledge crypto wallet solution and will be the first service that integrates our Identity framework into the real world.

⬇️DETAILS:

https://blog.congruentlabs.co/signata-will-leverage-chainlink-oracles-to-power-its-on-chain-identity-management-system/amp/?__twitter_impression=true

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