According to ChainCatcher, Nabox ID (Beta), the Web3 identity system of Nabox multi-chain wallet, was officially launched recently. It is reported that Nabox ID is the user's identity in the Web3 world, connecting the user's public identity information in Web2 and Web3 applications. Under the premise of protecting user privacy and anonymity, it provides identity authentication and data services for Web3 applications.
Nabox ID links multi-chain accounts through public keys, verifies the on-chain Web3 ID, and connects and binds with identities such as ENS, BABT, and the user's social accounts. Web3 applications can easily verify the user's asset data and social behavior through the API provided by Nabox ID. Nabox ID generation uses NABOX Token as fuel, 50% of which is burned and 50% is returned to the referrer, which will enhance the use case of NABOX Token and enable the continued healthy development of the Nabox ecosystem.
