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Home COINS

SYL Lab (SYL) Review : Is It Good Or Bad Coin Read Our Article

Bixer Simond by Bixer Simond
29/05/2023
SYL Lab (SYL) Review : Is It Good Or Bad Coin Read Our Article
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About SYL Lab

SYL Lab is a Swiss-based company that enables its users to take back control over their digital lives, through the management of multiple Decentralized Identities (DIDs), sovereignly created, owned and run by them.

myDid has developed a Decentralized Application that allows users manage their personal data, by creating a Decentralized Identity, collecting open badges and verifiable credentials, presenting them on-demand through the form of Verifiable Attestations and revoking them when needed. Private data is stored locally and are cryptographically secured. Users are in full control of their credentials, and do not rely on any third party to protect their integrity.

SYL Lab is fully compatible with the W3C specs for Decentralized Identifiers (DIDs) and implements the latest Verifiable Credentials and Open Badge standards. myDID has developed its own DID method (Secured Digital Identity – SDI) and resolver architecture, offering the best state of the art on the matter. By using myDid, users take full control over their personal information and can choose to share, hide or revoke access to it, while keeping a record of all consents and shared data.

SYL Lab Coin Point Table

Coin BasicInformation
Coin NameSYL Lab
Short NameSYL
Circulating Supply7,314,725,237 SYL
Max Supply10,000,000,000
Official Project WebsiteClick Here To Visit Project Website

Papi Price Live Data

Identity & Credentials for your Web3 Communities

myDid offers a customizable wallet solution allowing your users to share their Identity and easily exchange Community Badges.

Secure Self Storage

All your Verifiable Credentials and Open Badges available on your phone

Secure Authentication

Register and login to websites with easy phishing-proof authentication

Clear Consent

Only strictly necessary information is shared

Multiple chains of trust

Freedom to choose trusted authorities to verify identities and data

Your Web3 Companion

Connect safely using myDid wallet smartphone application. myDid provides decentralized identity solutions for secure and frictionless authentication.

Decentralized Identity

Privacy friendly (no personal data on blockchains)

Verifiable Credentials

On-chain & off-chain, privacy friendly

Open Badges

OpenBadge 3.0 ready, for issuers and holders

Mobile Application

All-in-one personal wallet, Self-Sovereign Identity & Data

Get started in 3 steps

Download App

You can download mobile app for free. Available for Android smartphones and iPhones.

Create your DID

It only takes 1 minute to create your DID and start receiving your first Verifiable Credential.

Share with Everyone

You can now send or receive your Verifiable Credentials and Open Badges with other users.

Benefits of using myDid

Create your Decentralized Identities, exchange Verifiable Credentials and Open Badges

Stimulate your community!

  • Create your organization’s decentralized identifier (DID)
  • Customize your own universe and space
  • Design your own templates for your organization and Badge members
  • Choose achievements and levels
  • Authenticate users and verify their information (KYC)

Your members will be able to…

  • Create their decentralized identifiers (DID)
  • Receive Verifiable Credentials, Open Badges, NFT, POAP and more
  • Send and receive Peer to Peer badges
  • Easily register and login to web2 or web3 services
  • Sign documents with their identities
  • Share their profiles and skill

Meet Team

Meet Team

Roadmap

Roadmap

Conclusion

In conclusion, SYL Lab is a Swiss firm that provides a platform for managing various Decentralised Identities (DIDs), enabling people to regain control over their digital life. Users may create, own, and manage own DIDs using SYL Lab, giving them control over their personal data and online identity.

SYL Lab empowers individuals to rebel against centralised systems and take control of their online identities by adopting the decentralisation tenets. This ground-breaking strategy for managing digital identities puts users in charge, promoting better privacy, security, and control online.

FAQ

What is SYL Lab?

SYL Lab is a Swiss-based company that focuses on empowering individuals to regain control over their digital lives. It provides a platform that allows users to manage multiple Decentralized Identities (DIDs), which are created, owned, and operated by the users themselves.

What are Decentralized Identities (DIDs)?

Decentralized Identities (DIDs) are digital identities that are not controlled by a central authority or organization. They are created using decentralized technologies such as blockchain and enable individuals to have more control over their personal information and online interactions.

How does SYL Lab help users take back control over their digital lives?

SYL Lab enables users to manage their own DIDs, which means they have full sovereignty over their digital identities. By using SYL Lab’s platform, users can create, own, and operate their DIDs, allowing them to assert control over their personal information and digital presence.

What are the benefits of using SYL Lab?

By utilizing SYL Lab’s platform, users can enjoy several benefits. These include increased privacy, as users have control over their personal data; enhanced security, as decentralized systems are less vulnerable to hacking and data breaches; and greater control over their digital lives, as they can decide how and when to share their information.

Is SYL Lab limited to Swiss users only?

While SYL Lab is based in Switzerland, its services are not limited to Swiss users only. The platform can be accessed by individuals from around the world who are interested in managing their digital identities and taking back control over their online presence.

Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .