August 27th, 2020 - SelfKey, the leading identity management platform, will partner with Polkadot, a flagship project by Web3 Foundation, a Swiss Foundation founded to facilitate a fully functional and user-friendly decentralized web.
Polkadot is built to connect private and consortium chains, public and permissionless networks, oracles, and future technologies that are yet to be created. Polkadot facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain.
SelfKey is one of the proud winners and recipients of the Web3 foundation grant. With the Polkadot grant, SelfKey will be upgrading the Decentralized Identity and DID implementations by utilizing smart contracts built on ink!. Moreover, a Claims platform would also be implemented by utilizing the Polkadot signing key methods and using ink! for smart contracts.
SelfKey is a leading identity management system that aims to return ownership over personal data back to the individual. To achieve this, SelfKey has an identity ecosystem comprising the SelfKey Wallet, the Marketplace, Login with SelfKey, and the KEY token.
Polkadot is built to connect private and consortium chains, public and permissionless networks, oracles, and future technologies that are yet to be created. Polkadot facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain. Polkadot’s native token DOT recently underwent a redenomination and started trading in many prominent exchanges.
