All you need to know about @idOS_network
🧵
>| α / @idOS_network is a decentralized identity layer for Web3, enabling secure, user-controlled identity storage and sharing across apps and blockchains.
> It eliminates fragmented logins and data silos, enabling a single, portable identity both on-chain and off-chain.
> Core functionality, how it works?...
>| β / ... The idOS Storage Network acts as a L1 for encrypted data storage, ensuring users own and control their credentials.
> The idOS Economy Network uses smart contracts to govern data usage, access permissions, and monetization opportunities.
> Verified credentials enable -> "verify once, use everywhere" onboarding essential for stablecoin apps, wallets, neobanks, and fintech platforms.
>| γ / Importance -> Always the main question always
> Seamless onboarding: Users access dApps and financial services instantly with their wallet, skipping KYC, new passwords, seed phrases, and extra apps.
> Privacy-by-design: Data is encrypted, selectively shared, and under user consent at all times.
> Combines KYC/AML with privacy, appealing to DeFi and traditional finance in Web3.
>| δ / Why it’s different from others, what's unique about it?
> Most identity systems are either too centralized {custodial KYC databases} or too fragmented {isolated app signups} idOS changes this by:
> Combining secure credential reusability with decentralized storage.
> Allowing wallets, payments apps, and neobanks to natively integrate verified identities.
> Seamless DeFi onboarding like a banking app: trusted sign-in, instant access, no tech hurdles.
1.69K
15
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.