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NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3 By Cointelegraph

by Cointelegraph
September 4, 2022
in Business
Reading Time: 1 min read
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NFT Steez and Lukso co-founder discover the implications of digital self-sovereignty in Web3

Sovereign identification has been a scorching subject in blockchain and cryptocurrency, particularly with the rise of the creator financial system. At present, there are two varieties of digital identities. One is federated and centralized whereby knowledge is within the management of the service supplier. Self-sovereign digital identification is commonly cited as a human proper that may reclaim company utilizing blockchain know-how, however what frameworks exist that support in governing it?

On Aug. 2, NFT Steez, a bi-weekly Twitter (NYSE:) Areas hosted by Alyssa Expósito and Ray Salmond, met Marjorie Hernandez, the co-founder of LUKSO and The Dematerialized to talk about the state of blockchain-based identities and “Common Profiles.” Based on Hernandez, sooner or later, “all the pieces can have a digital identification.”