CandleFocus New Privacy-First ID Solution for Web3: Instruxi Collaborates with Chainlink and Partners
2024-10-30
Author: Content Editor
Instruxi, a decentralized data management platform, has introduced the Mesh ID as its latest Web3 solution. This solution, developed in partnership with Chainlink, CLEAR, and Space and Time, aims to streamline access to tokenized Real-World Assets (RWAs) for over 22 million US residents while ensuring privacy and security. The Mesh ID leverages CLEAR's API for identity verification and integrates with Chainlink to enable secure interactions onchain and offchain. Additionally, it utilizes the zero-knowledge database from Space and Time to prove aspects of data and identity without revealing sensitive information. With the launch of the Mesh ID protocol, Instruxi aims to pioneer the future of asset tokenization and plans to extend beyond tokenized real estate into other asset classes. The industry of tokenized assets is projected to reach $10 trillion by 2030.
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