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Home Crypto News

Tuum Technologies rolls out Identity Snap

Rida Sarwar by Rida Sarwar
July 6, 2023 - Updated on July 30, 2023
in Crypto News
Reading Time: 2 mins read
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In a significant stride towards self-sovereign identity (SSI) within blockchain technology, Tuum Technologies announced the release of Identity Snap on MetaMask. This development aims to empower developers to craft Digital Identifiers (DIDs) and Verifiable Credentials (VCs) on the Hedera network.

This development reflects a key component of the Web3 vision, which is to enable users to take control of their data in the digital sphere. The blockchain sector has been striving to handle unverified data and limited capabilities due to the lack of efficient tools for long.

Tuum Technologies was convinced that the web is on the brink of an evolutionary phase—one which demands verifiable data.Propelled by the escalating need for artificial intelligence, they introduced a decentralized technology.

It’s capability to issue, authenticate, and withdraw credentials hold immense significance in this context. Identity Snap is an advanced plugin that effortlessly integrates with a plethora of applications, augmenting MetaMask’s native features. It specifically extends support for DIDs and VCs on the Hedera network.

This potent tool paves the way for users to establish their unique DIDs through an intuitive API, utilizing their private key and Hedera Account ID. The introduction of Identity Snap on MetaMask provides developers with the essential tooling to exploit the full potential of SSI.

It marks a pivotal addition to both the Hedera and MetaMask ecosystems, allowing developers to activate sophisticated identity management functionalities in their applications. Hedera’s exceptional scalability, sturdy network infrastructure, and ongoing DID development efforts with Swirlds Labs were the driving forces behind this decision, according to source.

Jim Nasr, CEO of Acoer, stated,

“Hedera is a DLT platform with enormous potential for use as a foundation for decentralized identity. The bridge Tuum has created between Hedera and MetaMask for decentralized identity facilitates the adoption of Hedera-based DIDs and serves as an enabler for various uses and industries.”

Donald Bullers, CEO of Tuum Technologies also expressed his thoughts,

“Our alliance with the HBAR Foundation strengthens developers to extend Hedera DID ownership to every project within the ecosystem. This implementation demonstrates the utility of decentralized identity while integrating support for Hedera DIDs and facilitates onboarding users from outside the current ecosystem through MetaMask’s extensive user base.”

Given the notion around MetaMask and the developmental future, the world is indeed at the brink of revoloution. Let’s see what follows next.

Source

https://www.hbarfoundation.org/blog-post/tuum-technologies-launches-its-identity-metamask-snap-for-decentralized-identity-on-hedera

Tags: Crypto Market News
Rida Sarwar

Rida Sarwar

Rida Sarwar, a seasoned journalist with a knack for the new-age financial landscape. With 5+ years under her belt, Rida has an extensive background in Crypto, Fintech, and Blockchain journalism. Her analytical skills, coupled with her passion for decrypting complex tech phenomena, make her a reliable source for insightful, well-researched narratives. Guiding the uninitiated through the maze of the digital finance world, one article at a time. 📚💻🌐🚀

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