We've been a bit slower on the identity news as we spent the past couple of months doing *major* refactors to allow our network to accommodate the latest in @W3C Decentralized Identifiers, to offer a compelling and scalable alternative to @Hyperledger Indy.
We also wanted to work on the educational piece of helping people understand what #selfsovereignidentity is at learn.cheqd.io
In this quarter, we're looking at:
🔍 Universal DID Resolver that makes the developer experience of integrating cheqd much easier
🗃 A web-based wallet for $CHEQ tokens… and credentials: we want to show technical implementations of how the new identity functionality and #DeFi functionality on our network can be used, almost as a blueprint for other SSI vendors. (Yes, we will be open-sourcing our code.)
🙌 We grew from 6,000 active wallets in early 2022 to over 73,000+ active wallets. This is very rapid traction, down in large part to the partnerships with major app developers we've formed, and our efforts in community-building.
Being able to support price-stable mechanisms of payment for identity exchange is crucial for @cheqd_io, and this gives us the ability to start laying down the foundations for #stablecoin payments within the @cosmoshub ecosystem as well as integrate with #USDC/#USDT
💹 We also listed on @BitMartExchange, a premier centralised exchange with 9mn+ users, as well as a strategic partnership with @Indacoin, which allows more people to participate in our ecosystem.
We heard a lot of people loud and clear that wanted to participate in our ecosystem, but decentralised apps/exchanges were hard for them to understand - and this makes that process significantly simpler.
✅ Our upgraded cheqd mainnet brings new decentralised identity functionality, which we'll be publishing tutorials for app developers very soon.
Stay tuned for more as we build towards the new decentralised digital identity functionality we want to offer on our network - and simpler experiences to deal with the challenges of how to deal with our data in a privacy-preserving manner... 💪