by BSC News
August 29, 2022
Cronos Chain Managing Director Ken Timsit said, “Cronos ID will address the most pressing social issues facing Web3 users.”
Cronos ID, a project incubated by Cronos Chain ecosystem accelerator Cronos Labs, has launched its identity and communication protocol on Cronos with the mission of solving the most challenging social networking problems faced by Web3 users.
The product framework provided by Cronos ID will consist of three main protocols, developed through certain stages, including:
“A service like Cronos ID will be increasingly crucial as Web3 gains mass adoption and popularity, requiring solutions for less technical users that harmonize their experience around identity, communication and security,” Cronos Chain and Cronos Lab Accelerator Managing Director Ken Timsit said in the Medium blog.
Finally, Cronos ID has established partnerships with several key players in the Cronos ecosystem, such as Crypto.com, Tectonic, and Minted. In particular, Crypto.com plans to work closely with Cronos ID to prioritize synergies and product integration that will simplify the Web3 experience for the exchange's users.
Cronos ID is an identity and communications layer built atop of the Cronos blockchain. The core vision behind Cronos ID is to enable a deeper and more interconnected Web3 community to share and receive communication, information and cryptocurrency in a safe and verifiable manner. Cronos ID is a project incubated by Cronos Labs, the ecosystem accelerator of Cronos chain.
Where to find Cronos ID:
Related News
Latest News
April 27, 2024
Weekly Article Recap: 4/22-4/26
April 26, 2024
Terraform Labs to Restrict Access for US Users Amid SEC Legal Battle
April 26, 2024
Can Chinese Investors Buy Hong Kong's New BTC and ETH ETFs?
April 26, 2024
World's largest Asset Custodian Bank, BNY Mellon Holds Bitcoin ETFs: Report
April 26, 2024
SEC Files $5.6M Lawsuit Against Geosyn Bitcoin Miner For Fraud
April 25, 2024
Nigeria Appoints Pro-Crypto Leader to Head SEC
April 25, 2024
BNB Chain Shows Strong Growth in Q1, 2024 Report: Key Details
April 25, 2024
Ethereum Spot ETFs Is Likely to Face SEC Denial in May: Reports
More News