125 total dApps on MainNet as of February 21th, 2022.6,898,539 total dApp-related transactions on MainNet, an increase of 4,700 from last week.17,084,363 total transactions on MainNet, an increase of 24,224 from last week.4,334 new members joined our global community this week, bringing new vitality to the Ontology community.We held our weekly Discord Community Call, with the theme “More uses of DID”, and discussed whether DID can identify other non-human entities, and how to expand the practical use of DID. The participants agreed that DID can identify real non-human entities, such as IoT devices, to provide a more convenient management solution for device administrators; DID can also identify virtual items in the virtual world to clarify the rights and interests of virtual items for holders allocation etc.We held our Telegram weekly Community Discussion, led by Benny, an Ontology Harbinger from our Asian community. He shared the practical liquidity mining strategy, focusing on the importance and operation of liquidity pools.As always, we’re active on Twitter and Telegram, where you can keep up with our latest developments and community updates.Coin Rivet, a well-known media outlet, interviewed Gloria Wu, Ontology’s Chief of Global Ecosystem Partnerships, and published an article “ has endless benefits, says Ontology’s Gloria Wu”. Gloria said “By using technology and secure identity solutions built on , we can combat data breaches and place the control back in the hands of self-sovereign individuals.”
“In this digital age of instant access to information and socially distant transactions, unique digital identity is a fundamental requirement. Otherwise, how can we be sure we are interacting with whom we mean to? Unfortunately, we are far from where we need to be. For businesses, legal identity is obtained through registration with a country’s business registration authority. In that process, the business is “born,” and ideally, it should be assigned a unique identifier and business name that is meant to facilitate its authentication and interaction with the government and other stakeholders. This information is collected into business registries.”
As a digital “identity card”, DID can not only help users prove their identity through uniqueness, but also return data and privacy to users through technology, solving information leakage and advertising harassment caused by the centralization of the traditional Internet. Ontology has been working in the DID industry for several years, and has gradually reached cooperative relations with service providers in various industries and fields around the world. Through the comprehensive deployment of DID, global users will have a unique digital identity, which can not only protect and manage identity and privacy, but also log in to various dApps with one click, maintaining identity unity and data interoperability.