At Elastos, we believe in the power of collaboration and education to shape the future of technology. That’s why we are thrilled to announce our partnership with Moledao, a leading educational DAO for Web3 education. 

Moledao is a prominent Singapore-based organization, operating under the umbrella of Bybit, one of the world’s top three cryptocurrency exchanges. They have established partnerships with over 400 stakeholders, including renowned brands like Alibaba Cloud, Huawei Cloud, and SMU (Singapore Management University). 

We are joining forces to super-charge the blockchain ecosystem through innovative projects and initiatives. Here are six ways that Moledao and Elastos will combine forces: 

 

Promoting Education and Hackathons

The primary objective of our collaboration is to promote education and hackathons within the Web3 space. We understand the importance of equipping individuals and organizations with the knowledge and skills needed to embrace the decentralized revolution. By offering educational opportunities and hackathons, we aim to empower forward-thinking individuals to explore the possibilities presented by blockchain technology.

 

Introducing the Web3 Identities Course/Module

As part of this exciting collaboration, Elastos will be hosting comprehensive courses or modules on Web3 identities. This educational initiative will cover essential topics such as wallets, naming services, decentralized identifiers, verifiable credentials and soulbound tokens. Our goal is to enhance understanding and adoption of Web3 technologies, empowering individuals to confidently navigate the decentralized landscape.

 

Collaborative Curriculum Development

Elastos is proud to provide assistance to Moledao in developing their wider Web3 curriculum. By leveraging our expertise and decentralized tech stack, we aim to co-create a curriculum that equips learners with the necessary knowledge and skills to thrive in the blockchain industry. Together, we are shaping the future of blockchain education, one module at a time.

 

Enhancing Credential Issuance through Elastos DID Integration

Moledao is poised to explore the integration of Elastos’ Decentralized Identifier (DID) technology. This integration holds immense potential to revolutionize credential and certificate issuance for Moledao’s educational programs. By leveraging Elastos’ DID solution, Moledao can enhance the security, immutability, and verifiability of issued credentials, ensuring complete trust and transparency.

 

Expanding Connections with Educational Institutes

With Elastos’ extensive network and connections, we are dedicated to connecting Moledao with educational institutions around the world. This collaboration seeks to establish mutually beneficial partnerships, fostering knowledge exchange and expanding the reach of blockchain education. By bridging the gap between academia and blockchain/Web3, we are building a strong foundation for the future of decentralized solutions.

 

A Commitment to Collaboration and Exploration

This partnership between Elastos and Moledao is more than just a collaboration. It is a commitment to working together towards the growth and development of the blockchain ecosystem. Together, we will continue to explore additional areas of collaboration, seizing every opportunity to innovate and push the boundaries of what is possible.

The partnership between Moledao and Elastos is a powerful step towards revolutionizing education and collaboration in the blockchain space. By combining our strengths, expertise, and decentralized solutions, we are shaping the future of technology together. Join us as we embark on this journey to empower individuals, organizations, and industries with the endless possibilities of blockchain technology. Together, we can build a decentralized future where innovation knows no bounds and we can all forge our own digital destinies.

 

Check out the Twitter Spaces with MoleDao and Elastos discussing the partnership.

The article and graphics were created by the Elavation Team.

Singapore, June 13, 2023 – Today, Elastos, a decentralized Web3 infrastructure leader, announced that it will provide its decentralized identity solutions on the  carbon-negative, layer-1 blockchain Celo. 

Elastos’ open-source Web3 solutions will be available to Celo’s mission-aligned ecosystem of 1,000+ projects in over 150 countries. Dedicated to secure, interoperable, self-sovereign identities and credentials, Elastos will provide projects on Celo with W3C compliant decentralized identifier (DID) solutions, decentralized storage, and credibility scoring while dApps on Celo’s network will be made available through Elastos’ Essentials Super-Wallet.

Essentials has recently upgraded to provide native support for the Celo network allowing users to store, transfer, and manage CELO and Mento stable assets, and NFTs, while also providing access and use of dApps on Celo directly from the Essentials app browser with the ability to create custom widgets for use in the super dApp.  

Some of the key benefits of this deployment will enable users on Celo to automatically create and manage self-sovereign DIDs with support for KYC, verifiable credentials, and personalized contact lists. Through Essentials, users will also be granted access to free decentralized cloud storage. As a native mobile super dApp, Essentials fits well with Celo’s mobile-first infrastructure and tech stack. 

“For years, Celo has been leading Web3’s adoption in emerging markets through a platform that truly believes in the power of Web3 to provide greater global equity and inclusion,” says Fakhul Miah, Elastos’ global head of growth. “In many ways, we share a similar vision. For five years, Elastos has been quietly building a full suite of open source, decentralized technologies for identity, security, communication, data storage, and commerce to help foster the next generation of creative platforms, financial services, and business processes that allow true self-sovereignty and lets users forge their own digital destinies.”

Forthcoming applications of Elastos in the Celo ecosystem will also include bespoke DeFi solutions for individuals, enhanced DAO governance tooling, and will reward users for participating in circular economy models and climate action, such as carbon offsetting in a compliant and transparent manner. 

“We look forward to continued collaboration with Elastos on decentralized identity solutions,” says Isha Varshney, Head of DeFi at the Celo Foundation. “A Web3 user’s identity is a key component of their overall experience and allows us to enable positive engagement throughout the Celo ecosystem.”

 

——–

About Celo

Celo is a carbon-negative, permissionless, layer-1 blockchain with a rich ecosystem of global partners building innovative Web3 applications within the DeFi, ReFi, and NFT sectors on Celo. Accessible to anyone with a mobile phone, the Celo ecosystem consists of a decentralized, proof-of-stake blockchain technology stack (the Celo Platform), the CELO native asset, and Mento stable assets (cUSD, cEUR, cREAL). Launched on Earth Day in 2020, the open source Celo mainnet supports 1,000+ projects by developers and creators located around the world.

 

About Elastos

Elastos is a Web3 ecosystem powered by a suite of open-source, decentralized technologies for identity, security, communication, data storage, and commerce that give developers the hardware and software tools to build decentralized applications from games, to social platforms, DeFi, and marketplaces. 

As the only Web3 ecosystem with a blockchain dedicated to DIF and W3C compliant decentralized identities (DIDs), a unique, secure dual-chain architecture and a hybrid consensus, Elastos champions self sovereignty, providing unlimited control, security and interoperability as well as grants and guidance for those who wish to build a truly decentralized web and forge their digital destiny.

Learn more: https://www.elastos.info

The article and graphics were created by the Elavation Team.

Elastos is excited to team up with Arcus and welcome the game studio to its growing mob of GameFi projects. Arcus is a Web3 ecosystem that integrates GameFi, SocialFi, and EsportsFi with ready-launched products. The project centres around Arcus, a unique all-new first person shooting mobile game where gamers use a bow and arrow and companion pets, called Ethers to battle it out with their friends for the chance to earn tokens. The game allows head-to-head and team deathmatches as well as team play Guild Wars action. 

Arcus aims to explore Elastos’ open source technology stack, including Decentralized Identities (DID) through the Elastos Identity Chain (EID) to bolster their efforts to build Social Finance, a comprehensive commerce experience for gamers that includes Esports, NFTs, and Task to Earn. Arcus is working to pioneer the concept of Esports Finance, allowing the community to create, host, and organize tournament events on their social platforms. With the help of Elastos’ Web3 identity solutions, Arcus’ community will be able to manage assets, keep track of game activity, and increase possible rewards.

“Since the start of 2023, Elastos has added a steady stream of partners related to building, curating, monetizing and most importantly playing Web3 games. What makes Arcus different is that it is a game that the Elastos community can play right now,” says Fakhul Miah, Elastos Growth Lead. As a gamer myself, I’m looking forward to working with Arcus to create real use cases for DIDs but also potentially for DRM and decentralized storage as well.” 

This announcement follows recent partnership announcements between Elastos and Web3 gaming platforms, such as Build It Merchants and Lifty.io that further demonstrate how Elastos’ technologies can create a more equitable, self-sovereign experience for content creators, including Web3 game developers and gamers themselves.  

Projects like Elacity provide an enticing example of the future of Web3 creator economies through the application of decentralized storage, identity, AI and rights-managed NFTs provided by Elastos. As new DRM technologies for Web3 are being pioneered in Elacity and demonstrated through rights-managed content streaming services, it’s only logical to consider the possibilities for gaming. 

“As the world moves towards the decentralized Web3 era, it is essential to find ways to bring Esports gamers from Web2 into the new ecosystem. While many gamers may not be familiar with the technology behind blockchain and Web3, it is important to educate them on the benefits and opportunities that exist within this space,” says Rommel Carlos, CEO of Arcus. “One way to bring Esports gamers into Web3 is by creating a user-friendly interface that simplifies the process of buying and selling virtual assets. Additionally, hosting tournaments that incorporate Web3 technology can help familiarize players with the benefits of decentralization and blockchain technology. We see Elastos and its user-centric tech stack focused on data sovereignty as a great fit for what we are trying to build with Arcus.”

Additional partnership details will be provided as Arcus and Elastos continue to collaborate.

About Arcus

Arcus Game is a Filipino-led gaming company that provides gamers with quality gaming experiences. Founded in 2022, the company has been a pioneer in the tech and gaming industry, offering players a variety of exciting and innovative games across different platforms.

Arcus Game is a leading gaming company committed to providing gamers with an exceptional gaming experience. With a focus on innovation, quality, and player satisfaction, Arcus Game is a company that will continue shaping the gaming industry for years to come.

Find Arcus on their social media channels:
Website | Telegram | LinkedIn | Facebook | Twitter | Medium | Instagram | Discord | Youtube | TikTok

The article and graphics were created by the Elavation Team.

Partnership looks to explore building the leading talent platform for web3.

Today, Elastos is proud to announce the signing of an MOU with Morfyus, a talent marketplace and enterprise services platform on Web3 for Web3. Morfyus provides talent with the tools and resources to monetise their time and skills in both casual and skilled work in leading tech and web 3 projects. Through the collaboration, Morfyus intends to explore how Elastos’ open-source Web3 technology stack can support their efforts to build the next “upwork” for the Web3 industry. The preliminary partnership will examine the potential of implementing Elastos’ decentralized identifiers (DIDs), which could be used to support the empowerment of decentralized workforces, to organize and monetize their skills while maintaining trust and ensuring quality for customers and clients. 

Through the partnership, Morfyus and Elastos agree to explore Elastos’ range of identity SDKS for single sign in and verified credentials, as well as identify if solutions such as the Elastos Identity Chain and Hive decentralized storage can support self-sovereign management of Morfyus’ community’s identities and credentials. 

To further celebrate the partnership and the recent transition to its new Elastic Consensus, Elastos will collaborate with Mofyus’ NFT artists to create a limited NFT collection on the Elastos Smart Chain available through Elacity and Pasar marketplaces. More details will follow in the coming weeks.  

“Morfyus is a community of innovators, creators, and entrepreneurs working together to democratize talent monetization and unlock scalable solutions for businesses,” says Johnny, CEO and Co-Founder of Morfyus. “We’re looking forward to learning more about Elastos’ suite of open-source, Web3 solutions, and how they could potentially provide us with the tools we need to ensure our platform benefits both the talent on our platform and the clients who hire them.” 

Morfyus – the future of work and play 

Want to know more about Morfyus: 

By the Numbers

Morfyus services include: 

“Elastos is growing rapidly after five years of quietly building out a fully-functioning open-source Web3 technology stack. Now we are snapping back and excited by this partnership as it works on multiple levels,” says Elastos Growth Officer, Fakhul Miah. “We’re excited to work with Morfyus to explore our technology as we explore how Morfyus, with the skills of its thousands of creators and developers, can support our ongoing growth.”

 

Find Morfyus:

Website: https://www.morfyus.com/

Twitter: @morfyusofficial

Facebook: https://www.facebook.com/morfyusofficial/

The article and graphics were created by the Elavation Team.

 

EP 1 – Who Controls Your Digital Destiny?

In our first Twitter Spaces, we asked ‘Who controls your digital destiny’, setting the stage for an ongoing series of discussions with Web3 industry leaders from around the world who helped identify many of the aspects we anticipate will become critical to the success of Web3. The idea was that from this first discussion, additional Spaces could then delve deeper into each key component, with the aim of determining practical, actionable goals we can adopt together to help build the future we want to see.

We had a great panel: 

Though our first session wasn’t recorded, we did capture a list of essential components that need to be explored if we as an industry want to forge our own digital destiny. They were: 

This discussion only scratches the surface. If the community has any additional points to include in the above list, please share in the comments. We hope to address each in future Twitter Spaces as part of our ongoing series….

…which is exactly what we did!

Ep 2 – Digital Destiny: Decentralized Identifiers

In our second panel, experts came together to discuss the crucial question: Why does identity matter in Web3? Despite some more technical glitches with this session, the conversation delved into various aspects of identity and its role in the emerging decentralized digital landscape. However, unlike the first session that was purposely broad, in this session, we focused on practical applications and more specific benefits of different technologies and to capture actions to help compel the industry to experiment, build and utilize DIDs. 

Our panel this time included: 

Here are the key takeaways from the discussion:

  1. Identity as a fundamental aspect of human interaction:
    The panelists highlighted that identity is not just important, but essential for human interaction and connection. Everyone has an identity since birth, and it shapes our interactions with the world around us. None of us have a digital destiny without a secure and self-sovereign identity. 
  2. Kim Cameron’s Seven Laws of Identity:
    Evin recommended listeners read Kim Cameron’s Seven Laws of Identity, a one-page guide that helps minimize risk and harm to individuals in the digital world. This document serves as a foundation for understanding the importance of identity.
  3. The inadequacy of current digital identities:
    The panelists emphasized that current digital identities in the connected Metaverse are not suited for human beings, as they are based on the atomic unit of Web3 – a public key, not a person. Our identities should encompass more than just our financial data and wallet contents.
  4. The need for decentralized identity: The panelists discussed the importance of decentralized identity solutions that allow individuals to express their full range of identities in a secure and privacy-preserving manner. Decentralized identity empowers individuals with greater control over their personal data and offers more robust ways to participate in the digital economy. 
  5. Verifiable credentials and zero-knowledge proofs: Otto described the need for identity tech to enable people to natively switch between profiles, and also be able to present credentials that were issued to any of these profiles. He gave the example that a person may choose to have a completely different gaming profile as opposed to their banking profile and that through the usage of zero-knowledge proofs, you should be able to demonstrate that you own a credential without needing to tie it to a specific identifier, which is sort of the problem with with some of the verifiable credential formats out there that they force you to reveal the identifier to whom that credential was issued. This is something that Polygon ID and Elastos DID can do.
  6. Different identity technologies need to work together: Panelists discussed the use cases of DIDs vs naming services such as .ETH or .ELA and the myriad number of different experimental DID approaches that are covered under W3C. It was generally agreed that it isn’t about one or the other but that the industry needs to work towards standardizing the application of different technologies for different use cases and that they should work together seamlessly. 
  7. The role of identity in building an equitable Web 3.0: In conclusion, the panelists agreed that decentralized identity is a vital component of Web3 and necessary for building a more equitable and user-centric internet. It enables individuals to enjoy richer, more meaningful experiences in the digital world, moving beyond the limitations of current public key-based identities.

The panel’s insightful discussion provided a deeper understanding of the importance of identity in Web3 and emphasized the need for continued innovation in the field of decentralized identity solutions. By addressing the challenges of digital identity, we can work towards a more inclusive, secure, and connected future that ensures each of us can forge our own digital destiny.

Check out the session recording.

The article and graphics were created by the Elavation Team.

Today, we’re happy to announce that the OTSIT Group, Asia’s sustainable community builder and Elastos have entered a strategic partnership to deploy Elastos’ open-source Web3 solutions throughout OTSIT’s housing projects across Southeast Asia.

With the only Blockchain dedicated to secure, interoperable, self-sovereign identities and credentials, Elastos will provide the OTSIT Group with W3C compliant decentralized identifier (DID) solutions, decentralized storage and personal credit scoring across their property developments.

Through the partnership OTSIT community residents will be able to automatically create and manage self-sovereign DIDs to log and track activities ranging from education to environmental behaviour, and map them to incentives such as enhanced credit ratings or access to other exclusive services. In all cases, citizens themselves will own and control access to any data and its corresponding use for other services via a mobile super dApp, Essentials.

In addition, Elastos’ DID solutions will be employed to track and verify each community’s environmental impact; the levels and efficiency of recycling, the re-use of resources as well as overall emissions levels which can then be analysed and compared those of other OTSIT communities across the region.

George Attewell, the OTSIT Group’s Founder and CEO explains that Web3 can play a unique and central role in shaping – and, importantly, measuring – projects that are genuinely sustainable.

“This is the essence of what we call ‘ComTech’; the power of ‘community technology’ to build, not only greener, but more self-sustainable lives for those who engage in our projects – from inclusive educational schemes to re-training and circular economics. Web3 provides for the first time the kind of tools to make these community solutions a reality; from incentivising participation to objectively tracking results. In short all three aspects of ESG – environment, social and governance can all be delivered through this radical and empowering approach to housing, technology and community,” he says.

 

“This is the essence of what we call ‘ComTech’; the power of ‘community technology’ to build, not only greener, but more self-sustainable lives for those who engage in our projects” – George Attewell

 

Indonesia is the first country in which OTSIT Group’s vision to build 5 million homes and communities throughout Southeast Asia over the next 15-20 years will be established.

“We are literally creating a ‘new suburbia’ for the region’s hardest-working and most productive communities, whose neighbourhoods have – all too often – been unplanned and the result of economic necessity, rather than social or environmental consideration. Such Web3 solutions effectively supercharge our ability to activate and incentivise such communities for the benefit of all.”

“Elastos continues to champion Web3’s adoption around the world through innovative collaborations with partners that truly believe in the power of new technologies to provide opportunities for greater global equity,” says Fakhul Miah, Elastos’ Head of Growth.

“In many ways, we share a similar vision to the OTSIT Group. For five years, Elastos has been quietly building a full suite of open source, decentralized technologies for identity, security, communication, data storage and commerce to help foster the next generation of creative platforms, financial services and business processes that allow true self-sovereignty and lets users forge their own digital destinies. This partnership will be a great demonstration of our shared visions can be implemented in a way that protects, not only people’s identity, but also the planet,” he said.

As the project rolls out, both partners are also committed to extending further benefits of Web3 directly to the communities involved.

“The potential opportunities extend beyond monitoring and incentives. At the heart of Web3 is the idea of participation through structures such as decentralised autonomous organisations (DAOs) which will enable citizens to play an active role in decisions impacting their communities, while providing 100% transparency for how these decisions are made,” adds Fakhul.

 

About the OTSIT Group

The OTSIT Group is a comtech specialist, using next generation technology to create sustainable, urban communities across Southeast Asia.  Indonesia is the first country in which the Group’s vision to build 5 million homes and communities throughout the region over the next 15-20 years will be established.

Communities will include schools, smart water treatment facilities, micro-solar community solutions, floating solar solutions, hydrogen energy plants, electric vehicle (EV) charging facilities all powered by solar stations, in addition to permaculture, healthcare and wellbeing services and shopping centres.

OTSIT will create potentially ‘true zero’ carbon standards utilizing latest technologies – including Web3 – as well as an international-class waste management, collection and re-use programme. The aim is to reduce landfills and transform waste into hydrogen and biomass fuels, while OTSIT’s own plastic waste management system will help reduce the levels of plastic currently being discharged into local rivers and oceans; an acute issue in Indonesia and much of the region.

The article and graphics were created by the Elavation Team.

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