Teleport is thrilled to announce its integration with .bit, the world’s first multi-chain DID system.
While they remain stern on their journey to push the boundaries of Web3 through cutting-edge cross-chain innovations, they are also at a phase where they aim to tap into the essence of formidable partnerships and vision-oriented projects, gradually expanding the mission for an integrated Web3 ecosystem.
This is why they are pleased to announce this partnership with .bit, the world’s first multi-chain decentralized identity (DID) system. Leveraging its leading technical infrastructure, .bit fosters a decentralized approach for both blockchain and non-blockchain users to take control of their digital identities, establishing the awareness of identity sovereignty worldwide.
This partnership aims to infuse the flexibility of identity sovereignty with the composability of Teleport products to deliver an all-encompassing decentralized & multi-chain Web3 experience.
What to Expect from this Partnership
Teleport Network has continuously honed its resources — internally and externally — to deliver tenable cross-chain & interoperable solutions across the blockchain ecosystem — one of which is the TeleWallet. TeleWallet is the first ever multi-identity & multi-verse wallet with support for both EVM & Cosmos networks. On the other hand, .bit positions itself as an open-sourced decentralized identity protocol built on the blockchain. Committed to providing permissionless and irrevocable decentralized identity for individual users, dApps, and DAOs.
With this partnership, Teleport will integrate with .bit infrastructure; thus enabling the support of .bit accounts within the Teleport Wallet as well as user-generated teleport.bit sub-accounts. This will bring all the associated benefits of .bit accounts (such as unified usernames and customizable wallet addresses) to TeleWallet users. This integration will also further allow the introduction of new features and bring improved functionality to the Teleport Wallet.
Additionally, Teleport and .bit will embark on several joint marketing efforts, delivering rewarding campaigns, AMAs, and Spaces for users of both projects in the coming weeks.
About .bit
.bit provides a globally unique account system with the .bit suffix. The leading technical architecture of .bit allows both blockchain and non-blockchain users to use it without permission. .bit is a combination of a cross-chain feature and cryptographic-level security, giving users the ability to adopt .bit accounts as their decentralized identity and switch across chains. As a DID system, .bit meets the ultimate requirements of Web3.0.
About Teleport
Teleport Network is an innovative interoperability platform geared with a mission to accelerate dApps and crypto assets towards multi-chain future. And it constantly implements new approaches to accomplish this. Teleport Network consists of a cross-chain messaging protocol developed for Teleport bridge implementation. It an omni-chain wallet (TeleWallet), and developer SDKs for cross-chain dApp integration.
The network is designed to facilitate cross-chain communication amongst disparate blockchains as well as provide infrastructure. And framework support for building interoperable dApps for the Web 3 economy. Granting users access to explore all chains, dApps, NFT projects, and other emerging markets within the industry.
This partnership with .bit further demonstrates their commitment to bringing an optimal Web3 & multi-chain experience to their products, embodying the ideals of decentralization and spurring the development of chain-agnostic solutions across the blockchain industry.
SOURCE: MEDIUM