Thread by @DAOblackswan

1) Litentry $LIT @litentry

Decentralized identity aggregation platform that enables users to create a unique identity.

Litentry allows creation of a DID – ‘Decentralized Identifiers’.

Litentry has created an Identity Hub that includes a solution called My Crypto Profile – MCP.

2) Litentry $LIT Founders

Founder of Litentry is Hanwen Cheng.

He was the vice president of Jingtum blockchain and spearheaded business partnerships alongside directing ecosystem projects of Jingtum.

#LIT #litentry #identity #blockchain #cryptocurrencies

3) Litentry $LIT How does @litentry work?

The solution offered by Litentry is split into two phases.

The first one is Litmus on the Kusama chain and the second is Litentry on the Polkadot parachain.

#LIT #litentry #identity #blockchain #cryptocurrencies #PolkaDot

4) Litentry $LIT Litmus

The Litmus allows users to transfer their ERC-20 tokens via a token bridge.

The main solution is the MyCryptoProfile which can be accessed through the Litentry client.

Litentry automates fetching of user data through a solution called ‘Identity Graph”.

5) Litentry $LIT Products 1/3

Browser extension

- Allows users to easily access the aggregated data of their crypto accounts and identity.

#LIT #litentry #identity #blockchain #cryptocurrencies #PolkaDot

6) Litentry $LIT Products 2/3

Identity management features

Litenary allows users to have the authority over their personal details captured on-chain.

Users can choose to control the amount and nature of their data that third parties can access.

#litentry #identity #blockchain

7) Litentry $LIT Products 3/3

D-ID Dashboard

- The D-ID dashboard gives a holistic view of the platforms that the user is connected to.

- On the dashboard users can view identity insights, relevant trends, and new opportunities across the web3 ecosystem.

#litentry #identity

8) Litentry $LIT Conclusion

Litentry is an easy-to-use identification tool.

Litentry is among the projects with unique technology.

A project that Bull market did not enjoy very much. It has been steadily declining since listing.

#litentry #identity #blockchain #LIT