Shiba Inu Takes Step to Become DeFi Contender, Will Add Digital IDs to Ecosystem Projects

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

SCOOP: Shibtoken plans to add digital identity solutions to all $SHIB project as it looks to become a serious DeFi contender. By shauryamalwa.

Shiba Inu developers will tie digital identity services to all platform applications in hopes to strengthen the project's image among users and governments.

The move is the latest attempt by Shiba Inu to break away from its meme coin status and become a serious decentralized finance contender in a crowded blockchain market These developers say the rising interest in digital identities and data protection in Canada and the European Union, could help position Shiba Inu as a tamer project compared to other blockchains.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shiba Inu (SHIB) Looks Stronger Than You ThinkThe crypto landscape remains eventful, with $ADA drop, Shiba Inu resilience and Ethereum ongoing plunge marking the recent trends
Source: Utoday_en - 🏆 295. / 63 Read more »