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With a goal to build the infrastructure and deliver the tools that will power Web3, Ontology has been focused on the Decentralized Identity (DID) field since day one. ONT ID is Ontology’s decentralized identity framework, designed to be both trustless and private, empowering users and further facilitating Ontology’s mission.
Having recently made our Verifiable Credentials Software Development Kits (VC SDKs) open-source for all Go and Java developers, the Ontology team is pleased to announce a new framework upgrade for ONT ID.
This framework upgrade will see additional enhancements to ONT ID’s product suite, as well as some important upgrades, including the upgrade of Mercury, a secure, trustless, DID based peer-to-peer communication protocol. There are also additional upgrades being made to ONT Login, the trustless universal authenticator, and ONT TAG, Ontology’s Trust Anchor Gateway.
In all, this upgrade makes our decentralized identity solutions more compatible and more easy-to-use, expanding Ontology’s ecosystem collaboration and accelerating the large-scale adoption of DID solutions.
As a trustless, peer-to-peer decentralized communication protocol that allows entities to securely transmit messages, verifiable credentials, and verifiable presentations with each other, Mercury will play an important part in Ontology’s ecosystem. In short, Mercury makes it easier for both Web3 and Web2 application developers to complete integrations with decentralized identity solutions.
Mercury defines several decentralized identifier-based sub-protocols for building connections and transmitting messages, verifiable credentials, and verifiable presentations between entities. The sub-protocol family defined by Mercury includes a connection protocol, a general (encrypted) message exchange protocol, as well a verifiable credential and presentation transmission protocol.
In Mercury, entities talk to each other through agents. There are three kinds of agents in this system:
To expand on this further, let’s take a look at some examples.
Let’s say two Web3 application users want to communicate with each other. To do so, they must first establish a communication channel using the connection protocol. Following this, they can transmit messages or verifiable credentials and verifiable presentations using the corresponding sub-protocols.
ONT Login is a decentralized universal authentication login component that helps developers shield the details of authentication implementation. ONT Login brings a quick, seamless, and secure login experience to the developers and users of Web3.
ONT TAG is an open and decentralized authentication platform based on ONT ID. It provides KYC services for people, finances, and things, making off-chain data encapsulated within verifiable credentials trustable. Through integrations with ONT TAG, entities can obtain different kinds of verifiable credentials from applications.
In the future, these SDKs and protocols will support additional decentralized identifier methods, as well as Ethereum Name Service (ENS) and other decentralized domain naming systems.
ONT TAG will allow users to obtain an NFT that can be used as their credentials, while ONT Login will be able to use NFTs to verify the users’ identities. Both will form an on-chain and off-chain data collaboration mechanism and improve the decentralized identity ecosystem as a whole.
Ontology’s core focus on providing industry-leading DID tools and solutions is paving the way towards the creation of a safer Web3 for businesses, entities, and users. Mercury, ONT Login, and ONT TAG are three essential components of the Ontology ecosystem that will make the Web3 space easier to interact with, more compatible, and ultimately, more secure.
Learn more about our decentralized data and identity solutions on our website and official Twitter account. You can also chat with us on Telegram and keep up-to-date with the latest news via our Telegram Announcement account.
ONT ID Product Suite Upgraded to Strengthen Ontology’s Decentralized Identity Framework was originally published in OntologyNetwork on Medium, where people are continuing the conversation by highlighting and responding to this story.
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