Charles Hoskinson Offers Elon Musk Free DID Integration On X

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Charles Hoskinson Offers Elon Musk Free DID Integration On X

Ever since Cardano founder Charles Hoskinson revealed his yet-to-materialize partnership with Elon Musk, the former has become more interested in what happens with the billionaire. Now, he is talking about integrating Decentralized Identity (DID) into the free-speech X app.

Another Scam on Musk’s X

On Monday, July 15, Ben Goertzel, the CEO of SingularityNet was seen apologizing to his X followers over a hack on his personal X account. The hacker put up some unauthorized posts containing links to scam websites and even went as far as referencing SingularityNET-related crypto tokens.

Goertzel apologized to those who may have clicked on the links thinking they were from him. He claimed to have retrieved the account after a security team from SingularityNet swung into action.

On this premise, Hoskinson called on Musk, citing that the integration of DID on X is necessary to mitigate cases of scams. Cardano CEO believes that this identity verification solution will solve all problems related to scams and hacks.

In addition, he offered to provide the service on X at no cost if Musk agreed to its integration. This is one of the key benefits the Cardano Founder believes his partnership with Elon Musk will offer.

Companies Considers DID Integration

Noteworthy, this DID solution is an idea of providing customers with a digital wallet that they solely have access to. With this digital wallet, they can selectively choose to share their own data with whomever they deem fit. Developers began to consider this solution when it became apparent that fraud would remain on the increase unless something drastic was done to eliminate it.

So far, only a few companies and protocols have adopted the technology, with a majority still trying to catch up. MicroStrategy Orange from MicroStrategy is one of such DID solutions that debuted this year. Sam Altman’s Worldcoin also tries to achieve the same result with the Worldcoin Orb verification.

The SingularityNet CEO clarified that his personal X account was not managed by SingularityNET, TrueAGI or any other company that he is a part of. Goertzel thinks that the recent ASI merger which involved SingularityNet, Ocean Protocol and Fetch.ai, may be the predisposing factor for this hack.

Therefore, he plans to leverage the expertise of SingularityNet’s IT team to ensure the safety of his personal social media accounts moving forward.

Read More: Bitcoin Price Tops $65K, Here Why BTC Rally Is Poised To Continue

The post Charles Hoskinson Offers Elon Musk Free DID Integration On X appeared first on CoinGape.

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