Earlier this week, KILT Protocol delivered its native KILT tokens to users that supported the protocol’s crowdloan on Kusama.
Parallel to its token transferability event, KILT also launched two new additions for storing and staking KILT—the Sporran wallet and the Stakeboard staking application.
KILT is an open-source blockchain protocol for issuing decentralized identifiers and verifiable credentials—and it wants to become the go-to identity solution for Web 3.0.
The protocol debuted its flagship product, SocialKYC, in May this year and announced plans to launch it as a parachain on Polkadot. Designed as a decentralized alternative to current KYC processes, SocialKYC verifies user identities through their social …
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