.bit and Relation Reached Strategy Partnership to Explore the Field of “Data Sovereignty ”
.bit and Relation have reached a partnership to provide Web3 users with a self-sovereign Decentralized Identity (DID) solution. With integration on the way, the partnership will see Relation listing .bit account name registration, creating unique and reliable DIDs for Web3 users by linking .bit with Relation ID. When it comes to data sovereignty, .bit and Relation share the same vision. This is to say that an on-chain identity created with this model can be seen as a data container fully controlled only by its owner, similar to the Data Space on Relation. In essence, it gives data sovereignty back to the rightful owners.
As a part of the cooperation,.bit plans to airdrop a certain amount of .bit account names to the Relation community. The account name will have a significant status on Relation, creating a unified identity for the users by linking the name with the Relation ID. Furthermore, .bit can be used as an account for storing digital assets and an address for accessing general internet services, with cross-chain capability to support public blockchain addresses on Ethereum, BSC, Polygon, Tron, and more. In the future, users can even create sub-account-names and distribute them to form a community of their own. For more information on this, please follow our twitter.
.bit is very excited to be working with Relation. Kyle, the co-founder of .bit, echoed that his vision for user-centric data sovereignty is in line with that of Relation. We reached strategy partnership to explore the field of “Data Sovereignty ”
Relation aims to explore the value of social graph data on Web3. Our vision is to provide the most powerful and rich social graph data for multiple global blockchain systems and to explore new paradigms connecting people, organizations, relationships, and behaviors — serving as the next generation social networking infrastructure on Web3.
About .bit (Previously DAS)
Your decentralized identity (DID) for Web3.0 life.
.bit provides a globally unique account system with the .bit suffix. The leading technical architecture of .bit allows both blockchain and non-blockchain users to use it without permission. .bit’s “cross-chain” feature is achieved in a way of cryptography-level security. As a DID system, .bit meets the ultimate requirements of Web3.0.
.bit makes your asset transfer more convenient and secure. It can serve as the unified username in different Dapps. It can be used as a portal for Dapps. It provides you with a decentralized personal homepage (.bit.cc). It bridges the gap between Web2.0 and Web3.0.
.bit comes in various languages such as hi.bit, 你好.bit, こんにちは.bit, 🚀🌕.bit, 안녕하세요.bit, Привет.bit and bonjour.bit.