Joy.ID: An Innovative Identity Solution for Web3

02/21/2023 06:15 • Tech Trends • 129 views

On February 21, it was announced that joy.id, deployed on the Nervos CKB, is now open for internal testing. This product will greatly reduce the threshold of Web3 and provide a more secure and reliable access method for billions of users worldwide. Joy ID uses Webauthn technology to create a public-private key pair on the user’s device side and sign with the private key. The private key cannot be read by anyone. Users do not need passwords and mnemonics when creating, using, or even recovering. Joy ID supports the management of multiple devices, social recovery, CoTA Rollup NFT, FT assets, and L1 assets such as CKB and SUDT. It also supports static description information such as user name, avatar, and user name+UID as identity identification.

The first digital identity solution using biometric technology in Nervos ecosystem, JoyID, has opened the internal test

Analysis based on this information:

The announcement of Joy.ID as an open-for-testing product on the Nervos CKB platform brings a breakthrough identity solution for Web3. This innovative product aims to reduce the barriers of entry to the decentralized world while providing a more secure and reliable approach for over billions of users globally.

Joy.ID’s main feature is based on Webauthn technology, which generates a public/private key pair on the device side, signed with the private key that nobody can read. This replaces the conventional system of usernames, passwords, and mnemonics that may result in hack attempts, loss of assets, and a tedious onboarding process. As a result, users can create, use, or even recover their Joy.ID credentials without needing to have a cumbersome memorization process.

Joy.ID’s identity solution is more than just a substitute for traditional passwords; it is a sophisticated asset management system. It supports the management of multiple devices, social recovery, CoTA Rollup NFT, FT assets, and native assets such as CKB and SUDT. Users can securely store, manage, and distribute their digital assets across the chain. Additionally, Joy ID supports static description information such as user name, avatar, and user name+UID as identity identifiers.

Joy.ID is not only a boon for users but also for businesses that want to onboard users to their decentralized applications quickly. It can increase the adoption of decentralized services as users can access them without complex password remembrances, leading to a swift process.

In conclusion, Joy.ID is an innovative identity solution for the decentralized world that enhances the trust and security of every transaction. It is a forward-looking product that changes the game of Web3 and reduces the barriers of entry for all users. The intrinsic features of Joy.ID include the management of multiple devices, social recovery, CoTA Rollup NFT, FT assets, and an identity solution.

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Joy.ID: An Innovative Identity Solution for Web3

The first digital identity solution using biometric technology in Nervos ecosystem, JoyID, has opened the internal test

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