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Eicol Exchange allows users to control self-sovereign credentials, which can function seamlessly across DeFi platforms by using decentralized identity protocols, on-chain signature validation and advanced cryptography

June 23, 2025 //  by Finnovate

Eicol Exchange has introduced its Web3 Identity System, a decentralized authentication infrastructure designed to improve trust mechanisms and interoperability in the digital finance ecosystem. The system, developed using decentralized identity protocols and on-chain signature validation, allows users to hold and control self-sovereign credentials, which can function seamlessly across DeFi platforms, decentralized autonomous organizations (DAOs), NFT marketplaces, and other Web3 services. Eicol’s system employs advanced cryptography to ensure confidentiality and integrity, reducing dependence on centralized data repositories and aligning the platform with global data privacy regulations. The system also streamlines user access to internal and external digital services, enabling simplified interaction with trading functions, staking pools, DeFi gateways, and tiered services. Eicol plans to provide users with a comprehensive dashboard to manage their identity profiles, aiming to establish the system as a universally accepted credential for interoperability and trust across multiple blockchain environments.

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Category: Crypto & Blockchain, Innovation Topics

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