• Shiba Inu (SHIB) plans to integrate blockchain-based digital identities into its projects in the near future.
• Self-Sovereign Identity (SSI) will be integrated into all Shiba Inu projects, offering users control over how their data is used and secured.
• The launch of Shibarium, a layer-2 scaling solution, is expected to drive further growth in the project’s community.
Shiba Inu Plans To Integrate Digital Identities
The Shiba Inu (SHIB) ecosystem has announced plans to incorporate blockchain-based digital identity solutions into its future developments. Lead developer Shytoshi Kusama has stated that Self-Sovereign Identity (SSI) will be integrated into all Shiba Inu projects, giving users total control over how their digital identity is stored and used.
Benefits Of SSI
Shiba Inu influencer Lucie has highlighted five major benefits of Shibarium SSI: control over data privacy; self custody; portability; zero-knowledge compliance; and secure gateway access for secure identity management.
Highly Anticipated Layer 2 Scaling Solution
The upcoming launch of Shibarium is creating much excitement in the SHIB community, as seen by the increasing number of addresses holding SHIB tokens which grew by 22% last week alone. This layer 2 scaling solution is projected to bring more growth to the project’s user base.
Current Price Of SHIB Token
As of today, SHIB token is trading at $0.00000837, up 7.2% from last week but still 90% lower than its all time high price of $0.00008616 reached earlier this year.
Conclusion
Shibarium SSI promises great benefits for holders of SHIB tokens including full control over data privacy and access to secure identity management tools through a secure gateway system . With the highly anticipated layer 2 scaling solution coming soon, it seems like a great time to join the growing SHIBARMY community!
