#DigitalID is the sleeping giant that everyone is ignoring. The coming year will be huge for the #SSI industry in terms of regulation and industry development and $cheq will be right in the middle of it.
A 🧵.
#cheqdpitch #cosmos #cosmosecosystem #100xGems
A 🧵.
#cheqdpitch #cosmos #cosmosecosystem #100xGems
The way our data is handled is broken. Companies are incentivised to keep hold of your data, selling it or looking after it poorly. This can change. Enter #SelfSovereignIdentity, or #SSI - a new way for users to hold their own data.
Instead of companies holding your data, YOU own your own data and only supply what is needed to prove who you are.
Trusted institutions sign 'Verifiable Credentials' to show your data is trusted.
But companies make money with your data. Why would they change? Enter $cheq
Trusted institutions sign 'Verifiable Credentials' to show your data is trusted.
But companies make money with your data. Why would they change? Enter $cheq
As well as being the cheapest and most interoperable #SSI solution on the market, @cheqd_io makes micropayments between different actors possible. Need to $cheq someone is who they say they are? Pay a microstransacton to the institution which signed their VC.
This will become huge in the coming years. eIDAS in the EU is coming, bringing a whole load of regulation in which will mean companies will simply HAVE to adapt and begin using Verifiable credentials. This industry growth is coming, whether you like it or not.
The team are highly professional and incredibly well-networked. Their 2022 story was one of constant building to make the industry more accessible and the use of their product easier.
Expect big things.
Expect big things.
See below for some of my other informative posts, or talk to the team directly on telegram.
cheqd.io
TG: t.me/cheqd
cheqd.io
TG: t.me/cheqd
• • •
Missing some Tweet in this thread? You can try to
force a refresh
