Omchain

Omchain teams up with Layer One X to issue Digital IDs for 15M blockchain users using L1X infrastructure. This will enhance access to governmental and banking services, among others.

Omchain's collaboration with Layer One X is transformative, as it leverages Layer One X's infrastructure to issue Digital IDs for 15 million users on the Omchain platform. This strategic partnership not only facilitates broader access to governmental and banking services but also establishes a pathway for users to explore additional applications and services within the Layer One X ecosystem. The synergy between Omchain and Layer One X, driven by Layer One X's technological prowess and cross-chain capabilities, represents a significant leap forward in revolutionizing digital identity solutions while ensuring security and compliance with standards like W3C Verifiable Credential and GDPR.

The partnership's value lies in its objectives, including expanding digital identity solutions, enabling decentralized verification in business registration, providing anonymous verification for sensitive services, supporting cross-service identity portability, and promoting data minimization for third-party services. The utilization of X-Talk Infrastructure stands out as a key feature, allowing seamless sharing of information across both centralized and decentralized ledgers, empowering Digital ID holders with control over their personal data. Overall, this collaboration between Omchain and Layer One X signifies a pivotal moment in advancing digital identity landscapes and fostering a secure and efficient ecosystem for users.