Litentry Partnership with MathChain
Decentralized Identity Aggregator, Litentry announced partnership with MatChain, the Layer 2 blockchain based on Substrate. Through this alliance the two parties will jointly explore more possibilities in the adoption of Decentralized Identity (DID) in DeFi and cross-chain markets.
At the same time,they will explore to develop a brand new Litentry interface that supports identity aggregation, displaying and management, such as displaying a user’s NFT collection, rewarded metals from other Dapps etc. Litentry will also integrate MathChain account system, allowing MathChain’s identity data to be indexed by Litentry Network.
The two projects strengthen each other in building verifiable identity data for Web3. The DeFi user profile generated from MathChain can provide Litentry users with more diverse identity data. Meanwhile, by aggregating the user identity data from MathWallet to a Litentry identity, the DeFi user profile of MathWallet can be turned into verifiable credentials, thus making it a reliable data source for decentralized applications.
ABOUT MATHCHAIN
MathChain is the Layer 2 blockchain based on Substrate. Based on the 1M+ MathWallet users, MathChain is focusing on smart wallet, massive adoption, go-to-market and inclusive blockchain applications and will be a decentralized permissionl-ess para-chain powered L2, that allows easy interoperability with Polkadot / Ethereum / BSC / Filecoin / Rollups / EVM side chains. MathChain has been selected as one of the ‘Parity Substrate Builders Program’ projects.
ABOUT LITENTRY
Litentry is a Decentralized Identity Aggregator that enables linking user identities across multiple networks. Featuring a DID indexing protocol and a Substrate-built distributed DID validation blockchain, Litentry provides a decentralized, interoperable identity aggregation service that mitigates the difficulty of resolving agnostic DID mechanisms. Litentry provides a secure vehicle through which users manage their identities and dApps obtain real-time DID data of an identity owner across different blockchains.
RESOURCES:
Medium
