Dock Announces Mainnet Launch | Press release Bitcoin News

Switzerland. September 30, 2020. Dock is happy to announce the launch of its much-anticipated blockchain mainnet. The mainnet is the fruits of years of collaboration, arduous work, and testing that brings to the market a bespoke credential issuing and verification platform.

Dock seeks to resolve probably the most tough points that face the credential at this time. At present, most firms depend on centralized platforms that hoard information or situation digital credentials which can be simple to forge.

Dock was particularly constructed for this goal of enabling organizations to create verifiable credentials on a decentralized community which can be cryptographically secured and exist independently of any group. Dock’s mainnet will allow issuers to create their very own decentralized identities (DIDs) to authenticate credentials, whereas additionally enabling recipients to regulate, current, and retain possession of their credentials. The mainnet is totally open-source and its use of the W3C’s industry-leading requirements ensures interoperability throughout many platforms and functions.

By having a devoted, special-purpose blockchain, Dock goals to make sure that transaction prices are saved to a minimal and there’s no affect from unrelated actions, which isn’t the case with Ethereum and plenty of different public blockchains. As well as, Dock’s anchoring answer is blockchain agnostic whereby any blockchain can be utilized to anchor credentials issued through Dock and any answer can be utilized for storing the credentials.

Dock gives easy-to-use tooling and infrastructure for issuers to develop apps or combine with present options. It is usually one of many first to make the most of the W3C’s Verifiable Credential Information Mannequin (VCDM), a typical born out of labor by a various worldwide neighborhood of consultants devoted to creating open requirements throughout the web.

The launch of the mainnet represents the completion of one other vital milestone within the firm’s roadmap, nonetheless, the staff won’t be resting on their laurels. Throughout the subsequent couple of months, the corporate will begin a token migration from its present ERC20 token system to a local token working on the brand new Dock mainnet. This can be a main milestone for Dock since it’s going to combine the token as a way of transacting and rewarding contributors inside the Dock community. It can additionally allow the Dock community to be self-sustaining by incorporating further options reminiscent of decentralized community governance.

About Dock

Based in 2017, Dock is a distant firm with a globally unfold and multicultural staff that’s dedicated to creating a greater future world powered by safe, individually-owned verifiable credentials utilizing blockchain.

For data on Dock’s mainnet launch head to https://www.dock.io/mainnet

Any organizations all for issuing on the Dock community can get in contact at advertising@dock.io

Builders all for constructing can evaluation Dock’s technical documentation https://docs.dock.io/construct


This can be a press release. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or companies. Bitcoin.com is just not accountable, straight or not directly, for any harm or loss induced or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or companies talked about within the press release.

Tags on this story
Bitcoin, Blockchain, Cryptocurrency, DIDs, Dock, Dock.io, Mainnet, Switzerland, VCDM, verifiable credentials, W3C

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