Switzerland. September 30, 2020. Dock is happy to announce the launch of its much-anticipated blockchain mainnet. The mainnet is the end result of years of collaboration, exhausting work, and testing that brings to the market a bespoke credential issuing and verification platform.

Dock seeks to resolve probably the most troublesome points that face the credential {industry} immediately. Presently, most firms depend on centralized platforms that hoard information or challenge digital credentials which might be straightforward to forge.

Dock was particularly constructed for this goal of enabling organizations to create verifiable credentials on a decentralized community which might be cryptographically secured and exist independently of any group. Dock’s mainnet will allow issuers to create their very own decentralized identities (DIDs) to authenticate credentials, whereas additionally enabling recipients to regulate, current, and retain possession of their credentials. The mainnet is totally open-source and its use of the W3C’s industry-leading requirements ensures interoperability throughout many platforms and functions.

By having a devoted, special-purpose blockchain, Dock goals to make sure that transaction prices are saved to a minimal and there’s no influence from unrelated actions, which isn’t the case with Ethereum and lots of different public blockchains. As well as, Dock’s anchoring resolution is blockchain agnostic whereby any blockchain can be utilized to anchor credentials issued through Dock and any resolution can be utilized for storing the credentials.

Dock offers easy-to-use tooling and infrastructure for issuers to develop apps or combine with present options. It is usually one of many first to make the most of the W3C’s Verifiable Credential Knowledge Mannequin (VCDM), a typical born out of labor by a various worldwide group of consultants devoted to creating open requirements throughout the web.

The launch of the mainnet represents the completion of one other vital milestone within the firm’s roadmap, nonetheless, the staff is not going to be resting on their laurels. Throughout the subsequent couple of months, the corporate will begin a token migration from its present ERC20 token system to a local token operating on the brand new Dock mainnet. It is a main milestone for Dock since it would combine the token as a technique of transacting and rewarding individuals throughout the Dock community. It’ll additionally allow the Dock community to be self-sustaining by incorporating further options equivalent to decentralized community governance.

About Dock

Based in 2017, Dock is a distant firm with a globally unfold and multicultural staff that’s dedicated to creating a greater future world powered by safe, individually-owned verifiable credentials utilizing blockchain.

For data on Dock’s mainnet launch head to https://www.dock.io/mainnet

Any organizations occupied with issuing on the Dock community can get in contact at advertising and marketing@dock.io

Builders occupied with constructing can evaluate Dock’s technical documentation https://docs.dock.io/build

It is a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or companies. Bitcoin.com shouldn’t be accountable, immediately or not directly, for any injury or loss precipitated or alleged to be brought on by or in reference to using or reliance on any content material, items or companies talked about within the press launch.

Tags on this story
Bitcoin, Blockchain, Cryptocurrency, DIDs, Dock, Dock.io, Mainnet, Switzerland, VCDM, verifiable credentials, W3C

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