RNS ID stands out as a pioneering Web3 legal identity platform, spearheading the concept of legal identification on the blockchain with the Palau government for the Palau Digital Residency Program, a Web3 Legal Identity Protocol. Very similar to Estonia E-Residency scheme (Web2).
RNS ID addresses the need for legitimacy and accountability in blockchain solutions by providing sovereignty-backed IDs, partnering with the government of Palau.
Vitalik Buterin, Ethereum's founder, publicly minted the Voyager Pass NFT, endorsing the Palau Digital Residency Program.
Global Exchange Support: RNS ID gains support from prominent crypto exchanges like Binance, Coinbase, Bitmart, Kucoin, Gate.io, Bybit, Huobi, fostering global recognition.
RNS ID presents a practical and impactful use of blockchain technology, addressing real-world issues related to identification, sovereignty, and global crypto trading. The project's collaboration with Palau and its support from influential figures and exchanges enhance its credibility and potential for positive impact.
Concerns (See the BBC video) of this ID being used by ponzi schemes is already evident. https://www.youtube.com/watch?v=YOuLaKqO_pU Show Less
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