The Shiba Inu (SHIB) ecosystem is gearing up for a major leap from its meme coin status via the launch of a new identity protocol and solidifying its status in the world of decentralized finance (DeFi).

Today, it announced its work with its developer community to ensure that a Self-Sovereign Identity (SSI) is prioritized and integrated into its protocols.

This also includes SHIB’s upcoming layer-2 network Shibarium, so that users interacting with the Shiba Inu ecosystem can maintain complete control over their digital identity while ensuring enhanced security, free from the influence of third parties.

Self-Sovereign Identity (SSI) is a model for managing digital identities in which individuals or businesses have sole ownership over the ability to control their accounts and personal data.

This means that, unlike traditional identity management systems where users rely on a third-party provider to store and manage their identity dat

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Author: Andrew Asmakov

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