Olares ID
A Olares ID is your unique identifier within both the Olares ecosystem and serving as the digital identity and gateway to various services and features. In essence, Olares ID is a type of decentralized DID that enables verifiable, decentralized digital identity. It can points
Olares ID is an essential component of Snowinning Protocol, the decentralized identity and credit system that facilitates secure, trustless exchanges of information and value. The core benefits of Olares ID are:
- Enabling entities to autonomously manage and control their identities.
- Facilitating direct connections between any two entities.
- Providing encrypted channels for secure information exchange.
- Securing fair transactions and value transfers between entities.
Once a Olares ID is generated, users register their ownership in a DID Registry. Snowinning Protocol stores the DID Registry on Ethereum Virtual Machine (EVM) supported blockchains via smart contracts.