Zetrix and Astron Launch Enhanced China Digital IDs to Combat Online Identity Fraud
Zetrix, a layer 1 public blockchain, announced today an exclusive partnership outside China with Astron-Xinghuo BIF, the international chain of China’s national public permissioned blockchain under the Ministry of Industry and IT (“MIIT”), to jointly offer and promote applications for Digital IDs of Chinese nationals and business entities, a service that enables real-time fraud-proof identity verification. Through the service, known as ZID, individuals and businesses in China can now digitise their official national ID or business registration identity as a Web 3 Verifiable Credential (“VC”). In the case of business registration IDs, each unique VC can be…
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