Cheqd Partners With The CeDeFi Alliance To Build A Self-Sovereign Identity Pr...
Cheqd, a blockchain startup whose software could drive the widespread adoption of digital identities, has announced it’s joining the CeDeFi Alliance with the goal of helping it to build a decentralized self-sovereign identity architecture that will open up the world of DeFi to institutional investors. In a lengthy blog post, cheqd co-founder and CEO Fraser […]
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It has just been announced that Unizen will be working together with Jun Capital in order to form CeDeFi Alliance, a crypto non-profit that will focus on compliance within the centralized decentralized finance (CeDeFi) sector. What actually is CeDeFi? CeDeFi is one of this year’s biggest trends in the blockchain industry. It brings the benefits […]
CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of use. What are the disadvantages of CeDeFi?Currently, CeDeFi’s main downside is the high learning curve associated with its protocols because of their complexity. The concept is still young, and more intuitive and user-friendly interfaces are bound to emerge over time.CeDeFi also relies heavily on Ethereum, given that most CeDeFi protocols are still built on the Ethereum blockchain. If Ethereum fails, CeDeFi will likely fail as well. However, this risk is....
Heard the phrase "self-sovereign identity"? Here is what it means and how it could change your practical experience of the internet.
With over $20 billion lost in DeFi due to vulnerabilities and improper auditing techniques, a lot of questions have been raised. Some are about the latest centralized and decentralized finance (CeDeFi) trend and how it can enhance the decentralized finance system (DeFi) that has gone mainstream by over 20% since 2020. Big game players and organizations have taken a huge step to implement this proposition. They’ve provided a more flexible option for developers to build scalable products using blockchain technology. However, this move will prove to be a game-changer. Prior to now, most....
Tech giant Microsoft has partnered with startups Blockstack Labs and ConsenSys to build an open-source identity platform aimed at integrating the bitcoin and Ethereum blockchains. The project seeks to build a platform for cross-blockchain identity across multiple distributed systems. An early version of the identity solution is expected to be available by the end of this summer. In a blog post published today, Microsoft global business strategist York Rhodes wrote that in the coming weeks Microsoft will launch an open source framework on Azure, where developers can build their own identity....