United States, April 4, 2021 /AlexaBlockchain/ – TezID, a new identity oracle based on the Tezos blockchain, went live last month.
What is TezID?
TezID is a smart contract that enables blockchain users in verifying ownership of email addresses, phone numbers, and virtual currencies that they own. The contract will also extend to storing physical addresses and government IDs in the foreseeable future. TezID aims to help blockchain users use the oracle as one address to verify several proofs.
According to the TezID blog, the oracle works as a smart contract with several registered addresses, each with verified proofs. The user is first required to link their wallets to the decentralized application.