Flare and BSN's cross-border KYC pilot: a mild experiment of DID with Chinese characteristics🧪 After Trump's victory and SEC Chairman Gensler's lame duck, one of the core contradictions of Web3 is: how to meet the regulatory needs of the real world while maintaining the spirit of decentralization.
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Flare
@FlareNetworks
11-08
Flare and Red Date launch the world’s first decentralized identity KYC trial.
The trial enables Mainland Chinese to register anonymously on a regulated stablecoin app and facilitate the purchase of tokenized financial products with the stablecoin.
https://flare.network/flare-red-date-decentralized-kyc…
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