Soulbound Tokens: Social credit system or spark for global adoption?

Ethereum co-founder Vitalik Buterins Soulbound Token proposal for a robust identity and reputation system has stirred up the crypto community. Soulbound Tokens or SBTs are...

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Ethereum co-founder Vitalik Buterins Soulbound Token proposal for a robust identity and reputation system has stirred up the crypto community.

Soulbound Tokens or SBTs are non-transferable, non-financialized tokens tied to a unique profile proving verifiable achievements and commitments. Still at the concept stage, its suggested SBTs will be capable of tracking memberships, credentials and affiliations with educational establishments, decentralized lenders and other entities.

Soulbound Tokens: Not sure about the name but the concept is interesting.

Web3 should be more than financial assets

Why we need Soulbound Tokens

Soulbound Tokens. Source: @Leo_Glisic

Storing verifiable credentials in Web3

Fortune notably compared SBTs to China’s social credit system.

Fuddy duddy FUD

Artist impression of Knighfight.

Use cases and how they might work

Do we really need to have degrees tied to our Souls?

Decentralized loans and digital country clubs

SBTs showing what you have and havent done could be useful for loan applications.

Soulbound Tokens, a better technology?

The best of blockchain, every Tuesday

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The name conjures up images of the divine.

Social recovery, the game-changer for security

Its all in the name, but does Soul work?

Continue Reading on Coin Telegraph

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APPROVED BROKERS

01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

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EUR/USD

1.0658

-0.0008 (-0.07%)

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GBP/USD

1.2475

-0.0015 (-0.12%)

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USD/JPY

157.91

+0.12 (+0.07%)

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AUD/USD

0.6469

-0.0003 (-0.05%)

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Neutral

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

+0.10 (+0.06%)

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EUR/CHF

0.9808

+0.0001 (+0.01%)

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Neutral

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Gold Futures

2,295.80

-7.10 (-0.31%)

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Silver Futures

26.677

+0.023 (+0.09%)

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Copper Futures

4.5305

-0.0105 (-0.23%)

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Crude Oil WTI Futures

81.14

-0.79 (-0.96%)

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Brent Oil Futures

85.62

-0.71 (-0.82%)

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Natural Gas Futures

1.946

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US Coffee C Futures

213.73

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Euro Stoxx 50

4,920.55

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S&P 500

5,035.69

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DAX

17,921.95

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FTSE 100

8,144.13

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Hang Seng

17,763.03

+16.12 (+0.09%)

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US Small Cap 2000

1,973.05

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IBEX 35

10,854.40

-246.40 (-2.22%)

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Neutral

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BASF SE NA O.N.

49.155

+0.100 (+0.20%)

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Bayer AG NA

27.35

-0.24 (-0.87%)

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Allianz SE VNA O.N.

266.60

+0.30 (+0.11%)

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Adidas AG

226.40

-5.90 (-2.54%)

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Deutsche Lufthansa AG

6.714

-0.028 (-0.42%)

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Neutral

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Siemens AG Class N

175.90

-1.74 (-0.98%)

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Deutsche Bank AG

15.010

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Neutral

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EUR/USD	1.0658	↑ Sell
GBP/USD	1.2475	↑ Sell
USD/JPY	157.91	↑ Buy
AUD/USD	0.6469	Neutral
USD/CAD	1.3780	↑ Buy
EUR/JPY	168.32	↑ Buy
EUR/CHF	0.9808	Neutral

Gold	2,295.80	↑ Sell
Silver	26.677	↑ Sell
Copper	4.5305	↑ Buy
Crude Oil WTI	81.14	↑ Sell
Brent Oil	85.62	↑ Sell
Natural Gas	1.946	↑ Sell
US Coffee C	213.73	↑ Sell

Euro Stoxx 50	4,920.55	↑ Sell
S&P 500	5,035.69	↑ Sell
DAX	17,921.95	↑ Sell
FTSE 100	8,144.13	Sell
Hang Seng	17,763.03	↑ Sell
Small Cap 2000	1,973.05	↑ Sell
IBEX 35	10,854.40	Neutral

BASF	49.155	↑ Sell
Bayer	27.35	↑ Sell
Allianz	266.60	↑ Sell
Adidas	226.40	↑ Sell
Lufthansa	6.714	Neutral
Siemens AG	175.90	↑ Sell
Deutsche Bank AG	15.010	Neutral

Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG
SJC Eximbank	8,300/ 8,500 (8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG	8,300/ 8,520 (0/ 0) # 1,510
SJC 1c, 2c, 5c	7,380/ 7,550 (0/ 0) # 540
SJC 0,5c	7,380/ 7,560 (0/ 0) # 550
SJC 99,99%	7,370/ 7,470 (0/ 0) # 460
SJC 99%	7,196/ 7,396 (0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
Xem lịch sử giá vàng SJC: nhấn đây!

ↀ Giá vàng thế giới
$2,285.72	-47.5	-2.04%

ʘ Giá bán lẻ xăng dầu
Sản phẩm	Vùng 1	Vùng 2
RON 95-V	25.440	25.940
RON 95-III	24.910	25.400
E5 RON 92-II	23.910	24.380
DO 0.05S	20.710	21.120
DO 0,001S-V	21.320	21.740
Dầu hỏa 2-K	20.680	21.090

ↂ Giá dầu thô thế giới
WTI	$80.83	+3.39	0.04%
Brent	$85.50	+3.86	0.05%

$ Tỷ giá Vietcombank
Ngoại tệ	Mua vào	Bán ra
USD	25.088,00	25.458,00
EUR	26.475,36	27.949,19
GBP	30.873,52	32.211,36
JPY	156,74	166,02
KRW	15,92	19,31
Cập nhật lúc 10:45:15 01/05/2024 Xem bảng tỷ giá hối đoái

Soulbound Tokens: Social credit system or spark for global adoption?

Web3 should be more than financial assets

Why we need Soulbound Tokens

The trouble with automated market makers

Thailands crypto islands: Working in paradise, Part 1

You can now clone NFTs as Mimics: Heres what that means

Crypto is changing how humanitarian agencies deliver aid and services

Bitcoin 2022 Will the real maximalists please stand up?

Storing verifiable credentials in Web3

The trouble with automated market makers

Thailands crypto islands: Working in paradise, Part 1

You can now clone NFTs as Mimics: Heres what that means

Crypto is changing how humanitarian agencies deliver aid and services

Bitcoin 2022 Will the real maximalists please stand up?

Fuddy duddy FUD

Use cases and how they might work

Decentralized loans and digital country clubs

Soulbound Tokens, a better technology?

The best of blockchain, every Tuesday

Social recovery, the game-changer for security

The trouble with automated market makers

Thailands crypto islands: Working in paradise, Part 1

You can now clone NFTs as Mimics: Heres what that means

Crypto is changing how humanitarian agencies deliver aid and services

Bitcoin 2022 Will the real maximalists please stand up?

Its all in the name, but does Soul work?

The trouble with automated market makers

Thailands crypto islands: Working in paradise, Part 1

You can now clone NFTs as Mimics: Heres what that means

Crypto is changing how humanitarian agencies deliver aid and services

Bitcoin 2022 Will the real maximalists please stand up?

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