Litentry, a decentralized identity aggregator, announced a strategic partnership with DWF Labs, a global leader in digital asset marketplace creation and multi-stage Web3 investment firm.
Litentry Partners with DWF Labs
The partnership aims to redefine the decentralized identity management space of the Web3 ecosystem and work together to help users bring their data together and gain control over their identities.
Litentry had recently launched IdentityHub, a product that allows users to manage digital identity data scattered across different platforms, as well as create and manage a verifiable identity with the help of privacy-preserving computing.
It also allows platforms to manage granular access to dApps through user-generated verifiable credentials.
IDHub reached 20,000+ early users and 5,000+ verifiable credentials in its first week of launch.
As noted by DWF labs, this partnership with Litentry is aligned with their mission to provide continued support to companies that are achieving promising results in creating a gateway between decentralized identities and the physical/digital world.
DWF Labs Managing Partner Andrei Grachev added: “DID forms the basis of Web3. With Litentry, we will make the digital world more secure, private and user-centered.”
*This is not investment advice.