UTU and PhoenixDAO Partnership

UTU Trust has announced its partnership with PhoenixDAO.

This partnership is to integrate the UTU Trust API into their events dApp and Identity solution.

For starters, they will integrate the UTU Trust API into the PhoenixDAO events marketplace. Event attendees will be able to rate and review event creators to help others identify trustworthy actors within the dApp. The API will also serve up personalized event recommendations based on social connections and user-permissioned data.

Secondly, they will integrate the Trust API into PhoenixDAO’s Identity solution, generating trust signals for users of any dApps using Phoenix Identity. Using artificial intelligence and machine learning, the API is able to analyze various data and interactions on dApps, weeding out bad actors. These interactions include properly logging into and transacting on dApps using set authentication procedures. The trust signals will enable users to transact in a more trustworthy environment.

In addition, UTU will use the PhoenixDAO events dApp for future events, so look out for that in the near future! Users can book and pay for events with crypto, in addition to credit/debit cards, and also verify ticket authenticity on the blockchain.

 

About PhoenixDAO

PhoenixDAO is a truly decentralized, open-source project that covers identity, payments, tokenization, authentication, and storage, alongside a dApp Store which sits at the heart of the Phoenix ecosystem. A core part of the PhoenixDAO strategy is to actively on-board both individual developers and enterprise level corporations to build using the protocols to power their products. This will enhance decentralization, token utility and the overall ecosystem.

 

About UTU

UTU is building the trust infrastructure of the internet to help businesses and consumers engage and transact in an easier, safer, and more trustworthy way.

 

SOURCE:

https://utu.io/blog/utu-and-phoenixdao-partner-to-enhance-trust-in-digital-identity-and-events/?utm_source=social&utm_medium=twitter&utm_campaign=ann

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