Dive into the buzz surrounding Shiba Inu's upcoming digital ID service, "Shib Identity."
As the countdown commences, speculation and anticipation are at an all-time high.
Stay tuned with our in-depth analysis to find out the potential impact on the SHIB ecosystem and you.
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Is the Launch of "Shib Identity" Imminent?
Shiba Inu (SHIB) announced on October 28, 2023, that the countdown has officially begun for what is expected to be a decentralized identification system called "Shib Identity."
The post indicates that "there are only 72 hours left to the first step to unlock Shib Identity," leading us to anticipate that details regarding this ID-related project will be unveiled very soon.
Additionally, the announcement also revealed that there is an opportunity to win "5,000 dollars worth of SHIB."
Speculations on the Announcement about the Trending Digital ID "SHIB SSI"
As of the time of writing this article, details about "Shib Identity" have not been disclosed.
However, a plan was announced in August of this year to integrate "Self-Sovereign Identity (SSI)" into all SHIB-related applications.
This leads us to think that the current surprise could be related to this.
Self-Sovereign Identity (SSI) is a system that allows individuals to manage their own ID information without depending on any centralized authority.
The benefit of this system is that one can use a single ID to access various services.
Shytoshi Kusama, the Chief Developer of Shiba Inu, stated in an article published on August 6, 2023, that "the potential for Shib SSI is virtually limitless."
Comments from Key SHIB Team Members on the Recent Post
The recent post has also been quoted by major SHIB team members. Kaal Dhairya, a SHIB developer, commented that "the first step towards self-managed ID is getting closer."
Shytoshi Kusama stated that "many things are planned that could contribute to a peaceful world based on SHIB."
Due to these developments, attention is now focused on upcoming official announcements related to "SHIB Identity."
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