10 August 2023

Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx

The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...

Talao, The New Self-Sovereign Identity Wallet, Gives Consumers Total Control Over Their Information

Today, Talao, a blockchain-based Digital Identity specialist, and the developer of the first French smartphone wallet for Self-Sovereign Identity, announced the availability of its wallet for all mobile users in Europe.

The Talao SSI Wallet is the first available app on Apple and Google stores to establish the person’s identity in the format of the Tezos network.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

Talao – The Self-Sovereign Identity Wallet

Today, Talao, a blockchain-based Digital Identity specialist, and the developer of the first French smartphone wallet for Self-Sovereign Identity, announced the availability of its wallet for all mobile users in Europe.

This secure, innovative wallet enables European citizens to self-manage their digital identities, without depending on third-party providers like platforms or institutions. We are now entering into a new era of innovation — where individuals retain control and sovereignty of their own data, not companies or institutions. 

The Talao SSI Wallet is the first available app on Apple and Google stores to establish the person’s identity in the format of the Tezos network.

There are many advantages for an Identity to use the Tezos blockchain as the infrastructure to protect Self-Sovereign data: open governance, military-grade security, formal verification for better audibility, and consensus mechanism —all of which makes Tezos byte-for-byte one of the most energy-efficient blockchains in the world. 

With the Talao SSI wallet, only the citizen can decrypt their own data. Only the citizen decides who the data gets shared with, and what data is shared. This full-featured, stand-alone SSI smartphone wallet is adapted to the European market.

The wallet configuration takes into account the specifications that have been pushed by European Union working groups for technology and regulation.

SSI has been strongly supported and is being prototyped by the European Commission as the preferred model of digital identity for years to come.

With the Talao SSI wallet:

  • Institutions can propose a Privacy-by-Design solution which will allow the citizen to share their data the way they want, with all data and credentials encrypted, and without interference from 3rd parties,
  • Companies and workers will benefit from frictionless onboarding and authentication, without the requirement for a password, which will reduce the risks of data being stolen and used to compromise access to an enterprise or talent assets,
  • Platforms will reduce fraud without having to collect sensitive user data.

Talao’s solution follows the recommendations of the European self-sovereign identity framework (ESSIF) to comply with the future EU Digital Identity toolbox. It is based on the Self-Sovereign Identity model (SSI), and W3C standards for Verifiable Credentials and Decentralized Identity (DID). 

The modular and developer-friendly design of the mobile wallet enables a project team to integrate SSI into its application within a matter of days. This convenience of accessing the SSI functionality allows all Tezos applications to offer their users an SSI identity to access their services.

Thierry Thevenet, Talao’s COO, explains:

“In a time where platforms own too much data, we are excited to provide the European ecosystem with a full-feature SSI Wallet. It is a core component of the upcoming Web3 movement. In just two years, W3C and DIF have defined high-level concepts and protocols that will stand out. We, in turn, designed our SSI to meet those protocols and leave room to adapt and grow with future changes.”

The wallet code and Spruce’s SDK are all open-sourced under the Apache-2 license and available on Github. 

The Talao SSI Wallet is available in 5 languages and can now be downloaded on Apple AppStore https://apps.apple.com/fr/app/talao-wallet/id1582183266  and Google Play store https://play.google.com/store/apps/details?id=co.talao.wallet

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

Upload Article

Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at [email protected]. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.

Hidden
Hidden
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Banner Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: pdf, doc, docx, Max. file size: 128 MB.
Submit Article: Suitable Formats = PDF, WORD
By Uploading an article, you are accepting all to all copyright and information that is to the best of your knowledge true and accurate.
Agree(Required)

Other News

View More

Oxford 2 Upgrade for the Tezos Blockchain: Private Smart Rollups, Easier Baking, new Timelocks 

Tezos, a leading blockchain platform renowned for its self-amending capabilities and community-driven governance, has successfully activated Oxford 2, its fifteenth core protocol upgrade. The Oxford 2 upgrade includes enhancements to Smart Rollups and chain security and ensures Tezos remains at the forefront of blockchain innovation.

Read More

Tezos Blockchain Enhances SaaS: Transforming Company Register Management with Izikap

Nomadic Labs recently spotlighted the launch of Izikap, a novel SaaS platform developed by the Xelians group. This platform, operating on the Tezos blockchain, represents a significant advancement in the digitalization and management of company registers. The introduction of Izikap marks a paradigm shift from traditional paper-based systems to a more efficient, digital, blockchain-powered approach.

Read More

Etherlink: The Enshrined Layer 2 EVM Smart Rollup Is Set for Mainnet Launch in March 2024

Etherlink, the Tezos blockchain’s latest Layer 2 solution, is set to redefine the landscape of decentralized applications (DApps) with its upcoming mainnet launch in March 2024. This EVM-compatible, optimistic rollup distinguishes itself from other external Layer 2 platforms like Arbitrum, Optimism, and Polygon, due to its unique enshrinement within the Tezos blockchain.

Read More