Reef Finance – Collaboration with HyperSign

Through this partnership both parties are bringing DID infrastructure and passwordless authentication solutions to Reef Chain. This will allow users taking advantage of Reef powered dApps to easily reuse existing Verifiable Credentials, built off the W3C standards becoming more widespread every day, instead of having to create more usernames, passwords, or create new wallets.

Hypersign will also provide their passwordless whitelisting solution, FIDATO, for Reef’s upcoming launchpad. This will make it easier for people to register and invest in new projects! Developers building on Reef Chain will be able to access the DID infrastructure to implement in their respective applications.

HyperSign

Hypersign is a decentralized Identity protocol and identity management stack developed by Hypermine Labs. It offers a simple-to-use authentication solution that secures user data by combining Digital Identity with Blockchain.

 

Reef Finance

Reef Finance is building Reef Chain, a DeFi blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase.

 

Source

https://medium.com/reef-finance/reef-finance-welcomes-hypersign-to-the-reef-chain-ecosystem-2d648575e53

Source: https://thebittimes.com/reef-finance-collaboration-with-hypersign-tbt848.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam

Category: Chain news

Post by: TheBitTimes.com