MoveDID

Ethereum is not natively adapted to large-scale financial scenarios. Fintech on Ethereum belongs to spontaneous growth, and there is no L0x00 position in the ecosystem (domain name and did are not equivalent). Resource-based Move Chains & DID are highly matched DID is really stored under each account, not in the contract Facing large-scale users is both Move-Chains' vision and DID's vision.

Potential usage scenarios:

• A complete DID protocol can help prevent sybil attacks without relying on centralized KYC services, while making user portraits more accurate, thereby assisting projects provide better service for real users.
• On the basis of the DID protocol, "multi-address single-account login" with both Move and EVM addresses will be implemented to serve multi-chain applications.
• Also, various organizations such as DAO can be profiled, so that the organization's on-chain/off-chain behavior, value, and other metrics can be more effectively evaluated.
• On the basis of implementing MoveDID following W3C standard, further implementation of the SBT-based Verifiable Credentials Scheme, and buildout of an on-chain credit/credential system will be developed.
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