Instruxi Unveils Revolutionary Instruxi Mesh ID at SmartCon
Breakthrough in KYC and Identity Solutions for Real-World Asset Tokenization Revealed
New York, NY, October 29, 2024– Today at SmartCon 2024, Instruxi, a pioneer in Web3 technologies, unveiled its groundbreaking Instruxi Mesh ID. This innovative identity solution, developed in collaboration with Chainlink, CLEAR, and Space and Time, sets new standards for efficiency and privacy in KYC processes for Web3 users.
The Instruxi Mesh ID, a key component of the broader Instruxi Data Mesh (IDM), leverages CLEAR's advanced API to provide top-tier identity verification services. It minimizes KYC process duration while maintaining privacy on the blockchain, addressing critical challenges in decentralized systems.
During the keynote presentation "Why Your ID is the Key to Bridge Web2 and Web3", Mathew Harrowing demonstrated the power and potential of the Instruxi Mesh ID, showcasing its ability to seamlessly integrate Web3 capabilities with enterprise-level security.
The impact of Instruxi's platform is already being felt in the industry.Vince Albanese, Direct Trust Standards Board Chair, Chair of TIM+ Consensus Body, Co-Chair Innovation Priorities Workgroup, shared his enthusiasm: "I'm thrilled to have discovered Instruxi's platform. It now serves as the data governance cornerstone for all the technologies my team is implementing. Instruxi is truly the bridge connecting the established enterprise Web2 and the emerging Web3 world."
Core Benefits of Instruxi Data Mesh (IDM)
Significant Time Savings: Estimated 20 weeks reduction in development time for new application builds.
Enhanced Security: Superior authentication and authorization capabilities using Web3 cryptographic primitives.
Sovereign User Accounts: Universal, always-on identity with seamless blockchain network integration.
Streamlined Development: Simplified security implementation through decoupled authentication and authorization.
Prominent Features
Advanced Authentication & Authorization: Integrates Sign-in with Ethereum (SiWe) and Open Policy Agent (OPA) for decentralized access control.
Innovative Data Management: Introduces decentralized file storage and cross-domain querying solutions.
Real-time Policy Enforcement: Enables secure asset tokenization and verification through smart contracts and Chainlink Proof of Reserve.
The Instruxi team is available throughout SmartCon to discuss the Instruxi Mesh ID and provide demonstrations at their Chainlink Build booth.
For full details about how Space and Time, Chainlink, and CLEAR are working together to revolutionize decentralized identity, read our collaborative press release.
About Instruxi: Instruxi is leading the charge in secure and universal data sharing, enhancing analytics, AI projects, and application development across Web 2.0 and Web 3.0 platforms.
Contact: Instruxi Media Relations
Email: media@instruxi.com
Address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ
