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Home » IOTA Takes the Lead in Conquering the Billion-Dollar Market with UniMe Identity Wallet
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IOTA Takes the Lead in Conquering the Billion-Dollar Market with UniMe Identity Wallet

By adminSep. 28, 2023No Comments2 Mins Read
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IOTA Takes the Lead in Conquering the Billion-Dollar Market with UniMe Identity Wallet
IOTA Takes the Lead in Conquering the Billion-Dollar Market with UniMe Identity Wallet
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Impierce Technologies has announced the introduction of UniMe beta, a groundbreaking Identity Wallet built on the IOTA Identity framework. This innovation aims to revolutionize digital identity management, particularly in the education sector, aligning with the objectives of the NGDIL consortium.

UniMe Beta, developed by Impierce Technologies, leverages the robustness of the IOTA Identity framework. The announcement of this significant advancement was made by Collin Brown through a tweet, highlighting the potential of UniMe to reshape digital identity management in the educational field.

Impierce Technologies has unveiled UniMe Beta, inviting enthusiasts to explore the demo developed by the NGDIL consortium. This demo showcases the versatility of digital identities in the academic sphere, demonstrating how UniMe can facilitate a seamless transition across different learning platforms. It eliminates the need for creating new accounts or undergoing repetitive identity verification processes, making the onboarding process at new educational institutions effortless.

The NGDIL consortium embarked on the Proof-of-Concept phase earlier this year, developing an interactive demo to showcase the capabilities of Self-Sovereign Identity (SSI) and OpenBadges technologies. Led by Koning Willem I College and supported by Tangle Labs and Impierce Technologies, the consortium aims to eliminate vendor lock-in scenarios, promote user choice, and exemplify the advantages of an open ecosystem that adheres to international standards.

The public beta release of UniMe Identity Wallet signifies a step towards eIDAS 2.0 compliance and endorses the OpenID4VC standards from the OpenID Foundation. It introduces a revolutionary method of logging in without the need for an account, password, or third-party observance, ensuring a simplified and secure exchange of digital credentials. This venture is supported by Digital Zen, Filancore, the Province of Utrecht, and the Tangle Community Treasury, providing a reliable pathway to experience and adopt Self-Sovereign Identity.

Impierce Technologies and the NGDIL consortium, with UniMe, are not only presenting a new technology but also ushering in a new era where digital identity transcends traditional boundaries. This paves the way for a billion-dollar market that IOTA is well-positioned to dominate.

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