Reef Finance forms partnership with Hypersign
Reef Finance is thrilled to welcome Hypersign, a decentralized identity (DID) solution, to the ever growing Reef ecosystem. Hypersign becomes the latest decentralized login solution to come to Reef Chain, however it also adds many features and more value for users thanks to a robust platform already in use.
More and more, identity is coming into focus in the push for decentralization. Having Hypersign’s W3C compatible solution available on Reef will ensure compatibility with other solutions, and provide a smoother Web3 experience for Reef users. I can’t wait to see this come online!”
– Denko Mancheski, CEO of Reef Finance.
Hypersign and Reef are collaborating to bring DID infrastructure and passwordless authentication solutions to Reef Chain. This will allow users taking advantage of Reef powered dApps to easily reuse existing Verifiable Credentials, built off the W3C standards becoming more widespread every day, instead of having to create more usernames, passwords, or create new wallets.
Hypersign will also provide their passwordless whitelisting solution, FIDATO, for Reef’s upcoming launchpad. This will make it easier for people to register and invest in new projects! Developers building on Reef Chain will be able to access the DID infrastructure to implement in their respective applications.
“We love the overall cross-chain philosophy of Reef Finance. Since they are building on substrate with EVM compatibility, it doesn’t get any better than this! We are thrilled to have such a future-oriented team by our side, and we’ll surely achieve amazing things together – for your and our security’s sake.”
– Irfan Khan, Hypersign Co-Founder.
Reef Finance has developed a fast, scalable, and EVM-compatible chain for DeFi applications, Reef Chain. Reef Chain is currently in the canary version of the mainnet and the official mainnet is due to launch in the near future. Reef Chain is a customized blockchain that allows developers to build dApps or deploy existing projects from Ethereum.
About Hypersign
Hypersign is a decentralized Identity protocol and identity management stack developed by Hypermine Labs. It offers a simple-to-use authentication solution that secures user data by combining Digital Identity with Blockchain. We are on a mission to eliminate data breaches and empower humans to regain control of their personal data by democratizing security for enterprises at an affordable price point.
About Reef Finance
Reef Finance is building Reef Chain, a DeFi blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Our vision is to make DeFi easy for everyone to invest in and build DeFi applications on top of Reef Chain.
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