$MCADE presale is now live!

BOTLabs ventures further into Web3 with the launch of web3name

By:
on Apr 13, 2022
Listen to this article
  • BOTLabs has announced the launch of web3name.
  • The application will generate custom names that will preserve digital identities.
  • The digital names can be linked to KILT addresses and the Polkadot network.

BOTLabs Trusted Entity has announced launching web3name. The latter is an application that can create custom names to allow the representation of digital identities. The names can be later linked to KILT addresses and the Polkadot ecosystem.

BOTLabs launches web3name

Through the platform, it is also possible for users to link their SocialKYC credentials, including their GitHub, Twitter, Discord, Twitch and email address, to their online identities. This provides an extra layer of verification and makes the platform safer and easier to use.

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

It will be free for users to create a web3name. However, this option will only be available for a limited time. The KILT ecosystem focuses on a decentralized identifier (DID), which is a unique set of letters and numbers that are unique to every user.

The KILT protocol is a unique piece of the Web3 ecosystem. The protocol features a decentralized blockchain identity protocol that can be used to issue unique, anonymous and verifiable identities. The mission of this protocol is to give people more control over their personal data and give privacy to an individual.

Using web3name to enhance identity

Web3name is a unique feature that gives people a personal and recognizable way that they can represent their digital identity. It is also another step forward in boosting the efficiency of the buzzing Web3 sector.

Web3name is created to supplement an address and not to replace it. While the Web3name could be linked to an address, it is not recommended to use it as a replacement for an address. Individuals can only have one web3name, but they can have several addresses.

BOTLabs is a subsidiary of the BOTLabs GmbH blockchain R&D company founded in 2018. The company is situated in Berlin, and it is the original developer of the KILT protocol.

BOTLabs is a key player in the blockchain sector. The platform is among the founding members of the International Association for Trusted Blockchain Applications (INATBA) and the Decentralized Identity Foundation (DIF). The web3name directory is just one of the features that BOTLabs has adopted from the KILT blockchain.