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SelfKey Progress Report for December 2021

December brought culmination to an epic year, both for SelfKey and the wider crypto industry. The SelfKey progress report for December has all that has happened for SelfKey during the month of December 2021.
05 Jan 2022
SelfKey
Progress Report December 2021

SelfKey 2.0

The biggest update for the month and probably for the year happened on December 14th - SelfKey 2.0.

SelfKey 2.0 is the enhancement and adaptation of the original vision of SelfKey for Web3 and the Metaverse future - KEY to the Metaverse.

The launch of SelfKey 2.0 commences with a simple design update to the SelfKey website. However, this is a huge step as SelfKey 2.0 may help position SelfKey as a prominent project that strengthens and/or provides the identity layer for the Metaverse.

SelfKey 2.0 aims to safeguard Web3 and the Metaverse users' personal data from being exploited or monetized, using a decentralized identity solution similar to the one suggested by SelfKey on the POI Whitepaper.

Proposals like Living Avatar NFTs introduced and explained in the POI Whitepaper have direct usage in the Metaverse for identity verification. These new and innovative proposals, together with the current SelfKey ecosystem, aims to solve the identity puzzle for Web3 - something that has eluded previous iterations of the Internet.

The focus-phrase for SelfKey 2.0, "Your KEY to the Metaverse," shouldn't just be a phrase, rather it should be a statement to the centralized corporations that dominated Web 2.0, that users are ready to take the responsibility to safeguard their identity on Web3 and the Metaverse with the help of decentralized solutions like SelfKey, which would be the norm on Web3 and the Metaverse.

SelfKey community has always been one of the crucial driving forces in the evolution of the project. The community can use the SelfKey ideas portal to suggest and vote on ideas that could further enhance and evolve SelfKey - idea.selfkey.org.

SelfKey Protocol is maintained by a DAO of SelfKey iD Holders. Join us and help revolutionize identity management in Web3!
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Fresh Content

SelfKey 2.0 – Your KEY to Identity in the Metaverse

KEY Metaverse

The launch of SelfKey 2.0 commences with a simple design update to the SelfKey website, which underlines the new mission statement of “KEY to the Metaverse.” However, this is a huge step as SelfKey 2.0 may help position SelfKey as a prominent project that strengthens and/or provides the identity layer for the Metaverse.

Read the Article here.

That’s all for this month. Stay safe, and Thanks for reading.

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