Shyft Network to Build FATF-Compliant ‘Identity Layer’ for Polkadot
Shyft Network is adding yet another blockchain to its decentralized digital identification network.
The e-commerce firm says its new patent would improve upon current systems used by blockchains to communicate with one another.
Polkadot is now live, following the launch of its first “chain candidate” (CC1).
Chainlink will help the state-backed Blockchain-Based Service Network with oracles, and Cosmos-powered Irisnet will assist with interoperability.
Polkadot founder Gavin Wood outlined the “five or six” steps the network will be taking as it moves to a full launch, some four years after first being conceived, during his Ready Layer One presentation.
Bitfinex and Tether CTO Paolo Ardoino says he hopes pToken – a project he has assisted – will make it easier for retail USDT holders to swap their tokens from one chain to another.