On August 18, the first council meeting of DIDA’s (DID-Alliance) first council was successfully held. After deliberating and voting, NEXGO became one member of the alliance. This is an important milestone for NEXGO fintech development and the promotion of decentralized identity technology.
As China’s first alliance of decentralized digital identity, DIDA is a nonprofit organization and initiated by ZCBTRI (Zhongchao Blockchain Technology Research Institute) and FEITIAN Technologies, cofounded by the companies of Baidu, China National Financial IC Card Security Test Center, Bank of Hangzhou, SPD Bank, JD Digits, We Bank, Tencent Cloud, etc.
DIDA will conduct the study on decentralized digital identity technology, promote the applications of it in industries, build the digital identity network of China, and enhance technical cooperation and communication around the world.
NEXGO established the blockchain research center in 2016, combined with over 20 years of experience in the electronic payment industry, it actively explores and tracks the development direction of the blockchain. So far, there has been a certain accumulation of technologies in DPKI (Decentralized Public Key Infrastructure) and cryptology.
Now, as a member of DIDA, NEXGO will work together with other members to build the future infrastructure of the decentralized ecosystem, make the contribution to the research, promotion, and application of decentralized identity technology.
