A digital identity chain that provides a unified user identity
Following Uniswap, another established industry infrastructure application ENS (Ethereum Name Service) will also release its own Layer2—Namechain.

Following Uniswap, another established industry infrastructure application ENS (Ethereum Name Service) will also release its own Layer2—Namechain.
As one of the important applications in the blockchain field, digital identity has great potential and development prospects. In the era of Web 3.0, digital identity is expected to be decentralized, censorship-resistant, and tamper-resistant, making it gradually become a popular choice among many
Cardano Foundation has introduced a new offering known as the Identity Wallet, a W3C-compatible mobile wallet that manages self-sovereign identities across Cardano and other blockchain networks.
Experts see benefits for multiple industries and the potential to save costs in business operations.
In order to create an open financial system for the world, we need to make web3 accessible to everyone.
Metaverse users can reinvent themselves with a digital identity built upon avatars and digital assets, but there are challenges to consider.
Blockchain tech is pushing the boundaries of ID management as governments look for scalable solutions that promote privacy, control and decentralized data management.