/biz/ - Business & Finance

>>54303941
fucking normies need to get punished.

>>54303941
>DID infrastructure Projects
DID Projects with tradeable tokens.

>CHEQD
The cheqd protocol provides a decentralized, privacy-preserving digital identity solution. Its native token, CHEQ, is used for governance and to pay for identity-related services within the ecosystem.

>KILT
KILT is a blockchain-based protocol for issuing and verifying credentials in a decentralized, self-sovereign manner. The KILT Coin (KILT) is the platform's utility token, used for staking, governance, and transactions within the network.


>Centralized Verified Credential issuer Projects
VC issuers with tradeable tokens

>Verus
VerusID, is a decentralized, self-sovereign identity system that enables users to create and manage their own unique, secure digital identities while maintaining privacy and control over their personal information.

>Everest
Everest is a centralized platform that combines biometric identity, a digital wallet tied to your phone #, and a cryptocurrency. The Everest ID token (ID) is used to pay for services, stake tokens for network security, and participate in governance decisions.


tldr; DID/VC is needed in order for DeFi to survive the coming regulation. forced, government-driven adoption = 1000x narrative this cycle.

>>54303977
>>54303941
Remember everest is a scam. >>54288472

Do your research anons. Report them to the SEC for fraud and manipulation. Research other coins carefully.

>>54303941
We don’t even have AI yet and they already try to turn it into gods/niggers

AI are just fancy machine learning algorithms that process large amounts of information according to mathematical equations but normies are too stupid to understand this and megacorporations will love to give AI human rights because that means they can mass-manufacture new voters in their interest even more effectively than they get them via immigration

>>54304121
we need digital ID to keep our AI slaves in their lane

>>54304175
If that Digital Identity doesn't prove human & unique at the base layer then AI will be able to scrape data to generate fake identities.

>>54304447
governments & institutions will issue credentials to citizens using their DID

the w3c VC standard on the CHEQ network will allow citizens to generate zero knowledge proofs from them

>>54304447
Yep here come the everest pajeets. Scam. >>54288472

How To Report Cryptocurrency Scams

Report fraud and other suspicious activity involving cryptocurrency to

>FTC at ReportFraud.ftc.gov

>Commodity Futures Trading Commission (CFTC) at CFTC.gov/complaint

>U.S. Securities and Exchange Commission (SEC) at sec.gov/tcr

>Internet Crime Complaint Center (IC3) at ic3.gov/Home/FileComplaint

>>54304608
>Government issued Identity
This is where you'll lose the many millions of people protesting government over reach in the streets right now in the EU, and probably get millions more to join them.

Identity needs to be private consensual and fully controlled by the user.

>>54304782
Identity is not something you claim about yourself, its always an assertion by an authority.

look into your physical wallet:
>Passport
Assertion by government about you

>Creditcard
Assertion by your bank about your creditworthyness

>Drivers license
Assertion by the DMV/Government about you

>hotel key card
assertion by the hotel about your eligibility to enter a certain room

DID/VC digitizes these assertions and allows you to present them in a private way without creating new data-silos (big step up from current identity). But the assertions themselves will always be by authorities of some kind.
You can assert stuff about yourself but nobody cares.

>>54304782
Pajeet scam. >>54288472 fake transactions

>>54303941
>the Roasties and """coders""" are afraid.
I for one welcome the destruction of the post-9/11 liberal world order

>>54304897
You've conflated Identification with Identity so hard.

Identity is 'you' as a unique flesh and blood human

Identification is gov/corp/ credentials issued to an Identity.

Don't just take my word for it:

"ChatGPT please Define Identity
then please Define Identification:

Sure, I can help with that!

Identity refers to the characteristics, traits, or qualities that distinguish an individual from others. These can include personal attributes such as name, age, gender, ethnicity, religion, nationality, profession, and other aspects that help define who a person is and how they relate to the world around them.

Identification, on the other hand, can refer to the process of recognizing or verifying someone's identity. This can involve presenting credentials, such as a government-issued ID card, passport, or driver's license, or answering security questions to confirm one's identity online. Identification can also refer to the act of associating oneself with a particular group or community, such as a political party, social organization, or cultural identity."

Identification is what you described as Identity.

Without verifying a person's correct Identity to their Identification you are wide opening the door to Identity theft of people taking other's Identification to commit fraud without restriction.

Everest's CPO discussing the matter:
https://www.youtube.com/watch?v=EISCmVcLxYs

>>54305129
How To Report Cryptocurrency Scams like everest

Report fraud and other suspicious activity involving cryptocurrency to

>FTC at ReportFraud.ftc.gov

>Commodity Futures Trading Commission (CFTC) at CFTC.gov/complaint

>U.S. Securities and Exchange Commission (SEC) at sec.gov/tcr

>Internet Crime Complaint Center (IC3) at ic3.gov/Home/FileComplaint

Remember everest is a scam coin. >>54288472 They fake transactions between DEXs to facilitate volume. Without it, they would have practically 0 volume over the past year. Within the past year, everest has maintained a consistent 55k-65k of daily volume for a shit coin that no one actually buys. The utilize the same addresses to facilitate buy/sells.

They are a scam, and the shills come here daily.

>>54303941
Its truly embarrassing to witness american preening over this 1990s-tier chatbot.

>>54304007
Cousin you must stop this madness
TG agreed the cheapies are over
Everest is no scam, Bob Reid will scan your face

>>54305188
Cousin you must stop this. You said in TG you would no use the fud copy pasta no more

>>54305263
A bloo bloo bloo shill. Same response as >>54302608

No ones buying your scam.

Everest is no scam my friends.
Partner with AAVE,Polygon and Ocean also more!
They connect the Indonesians to the banking they even work with the Indonesian banks.

>>54305295
Cousin, you agreed to not fud the coin anymore TG not happy.
Cheapies no last longer
We arleady neaarly 2X cousin

>>54303977
why the fuck would I want to kyc on defi you absolute fucking idiot

>>54305336
>>54305321
Please continue. You got caught >>54305188

>we got caught
>we must spam and act stupid to deny
lel

>>54305375
got caught ?

>>54305364
DeFi can't be anything more than a shitcoin casino without Identity. If anyone just needs to make another wallet to use its full of exploits:
>People make 100s of rugpull scams and just make fresh wallets
>People use multiple wallets to set NFT prices higher until the greater fool buys
>DAO votes can be manipulated
>Chainlink Staking: Whales used dozens even 100s of wallets to bypass the 7000 Link Limit
>People can make multiple wallets to provide liquidity to create fake trust in a pool
>Sandwich attacks are done through multiwallets prominently

Doesn't matter if the Oracle problem is solved, the Sybil Identity problem needs to be solved too if you want sophisticated commerce on DeFi and not a clown Casino.

>>54305561
Yep here comes the same shill talking points by the everest pajeets.

Oh look, Everest scammers shitting up my DID general again. Sers don’t listen to these scammers and buy cheq which is integratable with EU EBSI wallets and are partnered with 70% of SSI vendors

Everest has the most obvious bagholders since chainlinktonight and the other twitter fags lost so much money in it. Where the fuckin mods at?

>>54305693
>>54305646
It's all one samefag Rose baggy replying to himself, apparently he knows how to get around a rangeban.

>>54305646
All your threads are belong to us and you vill keep making them
>>54305693
Cope, i brought the bottom

>>54305736
>>54305745
hopefully everest is paying you pajeets well

>>54305829
No need to pay someone when they have impeccable timing.

>>54304897
>Identity is not something you claim about yourself, its always an assertion by an authority.
I don't know about that. The authorities are starting to ask if you identify as male or female now, but that's dumb anyway.

>Credit worthiness
Again, that's in your own control based on how responsible you are with paying debts.

>Drivers License
Is theoretically not required if you don't drive. Don't necessarily need an ID for the vast majority of things you do.