Litentry Partners With iMe To Enable DID Mass Adoption In Social Media

Published on: 01.06.2021

Litentry thrilled to announce a new strategic partnership with Ime Platform. This is to enable DID mass adoption in social media.

They are excited to partner with them to provide an array of functionalities to iMe users. This will help in driving adoption and improving awareness of DID in non-crypto populations.

As a result of the iMe-Litentry partnership, LIT tokens, the utility token on Litentry, will be supported by iMe wallet. As their platform evolves and they integrate more functionalities like lending and borrowing, Litentry identity data will be used to filter out risk profiles based on their credit score and activity across chains. Litentry integration will enable iMe to make informed decisions and mitigate the chances of failure.

 

About iMe Platform:

iMe is a Smart platform with the Telegram-based messenger, Crypto Wallet, and DeFi tools. The central idea behind the project is the empowerment of Telegram users through the functions of DeFi, letting people manage cryptocurrencies easily in a user-friendly and secure interface, connecting mainstream and crypto communities.

 

About Litentry:

Litentry is a cross-chance Decentralized Identity (DID) Aggregator that enables the linking of user identities among multiple decentralized networks. Built on the Substrate framework and featuring a DID indexing protocol, Litentry provides a decentralized, verifiable identity aggregation service that removes the redundancy of code and the hassles involved in resolving agnostic DID mechanisms. Litentry’s DID Aggregator is compatible with all DID standards, and powered by a reliable DID data interface. Everyone can build and submit DID methods to Litentry, making identity data easily accessible in Web3.0.

 

INFO:

https://litentry.medium.com/litentry-partners-with-ime-to-enable-did-mass-adoption-in-social-media-4a68e29af294

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