There is a constant need for evolution in the operation of cryptocurrency platforms, especially when establishing digital identity. Unstoppable Domains, a business developing identity apps for a blockchain-based Web3, has released a single sign-on solution for Ethereum and Polygon utilizing NFT domains.
The tech domain has announced the launch of their project today called; "Login with Unstoppable." The feature allows users to log in using an NFT domain, a notion strengthened in adoption potential by the recent growth in NFT ownership.
This feature is quite different from other logins solutions where the websites can mine and sell your data. The "Login with Unstoppable" requires you to sign in with a unique username in the form of an NFT and makes it 100 percent yours and also secured against data mining.
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According to Unstoppable Domains CEO Matthew Gould, the system operates similarly to Google (NASDAQ:GOOGL) sign-in. However, without the eavesdropping and with far more freedom, "We believe that NFT domains offer an excellent platform for establishing digital identity," he said, adding that his company has been studying methods to use the technology since early 2018 when it was known to as the ERC-721 standard.
According to Gould,
"If you want to disclose any private information about yourself, such as your email address, credit score, or some KYC [know-your-customer] data, you can now do so by linking a single sign-on protocol to your NFT domain."There has been considerable progress made in the area of decentralized identification, with applications such as the Ethereum Name Service (ENS) gaining traction in recent months. According to Gould, signing in using an NFT rather than an address is more secure and user pleasant. "If you sign in with an NFT, you also have the option of storing it with a custodial provider, for example, and continuing to use it as an identity," he said.
According to Gould, it is also an effective strategy to solve the user experience issues connected with Web 3 and increase adoption amid the broader NFT excitement.