digital identity

The D/Wallet digital identity wallet based on the Source.ID solution has passed the EU EBSI standard compliance test

ChainCatcher news, Desmo Labs (formerly Debond) has now launched the D/Wallet digital identity wallet based on the Source.ID solution, which has passed the compliance testing in accordance with the EU EBSI standards. The D/Wallet has been showcased on the EU EBSI official website, validating the feasibility of KYC and KYB solutions based on EIP-5851 on-chain verifiable credentials for large-scale use.The Source.ID integrated regulatory technology solution will assist Desmo Labs in the extensive use of the compliant digital asset OTC trading platform Debond, which has expanded its business to B-end real-world asset tokenization services, providing a one-stop structured financial product listing, trading, and settlement service. Based on the ERC-3475 standard and the Debond protocol, it covers a full-process solution for tokenization of small and medium-sized enterprise bonds, bankrupt company claims, real estate, commodities, intellectual property, film copyrights, and more.It is reported that the European Blockchain Services Infrastructure (EBSI), under the European Commission, was established in 2018 when 29 countries (all EU member states, Norway, and Liechtenstein) and the European Commission joined forces to create the European Blockchain Partnership (EBP). The vision of EBP is to use blockchain to create cross-border services for public administration, businesses, citizens, and their ecosystems to verify information and make services trustworthy. Desmo Labs is currently committed to building infrastructure and data communication services for the RWAs track. (Source link)
2023-04-20
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