RFID wallets with ID windows and secure features have gained traction in recent times. Concerns have been raised regarding Britainβs
Digital ID push, falling under the scrutiny of being premature and potentially dangerous. Amid these developments, a bill regarding crypto regulation, the
GENIUS Act, is being deliberated. Similarly, the
Humanity Protocol Price has seen a 70% surge following the launch of a Sustainable Digital ID. The cryptocurrency
FIGHT Token, linked with UFC Partner
Fight.ID, has managed to raise $183M. Furthering the developments in the digital identity space, the US-based company
Worldcoin is being deeply examined for being a worthwhile investment, as well as for its global ID verification. Notably,
SPACE ID also holds future investment promise.
Animoca Brands' flagship project, the
Moca Network, is set to debut Layer 1 for Digital Identity. Meanwhile, countries like Rwanda and Vietnam are implementing
digital ID systems and
national blockchain for digital identity and records respectively. The
US Treasury is also considering digital ID verification in DeFi to manage illicit finance while tighten restrictions in regard to fraud concerns. Laying emphasis on securing digital identity on blockchain, projects like
MicroStrategy Orange and
Civic (CVC) are leveraging blockchain technology to ensure security and decentralization.
ID Coin News Analytics from Wed, 09 Dec 2015 08:00:00 GMT to Wed, 05 Nov 2025 14:02:17 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 5