✨ This week we published a new article, “Developing a DID Aggregator on Blockchain (Part Ⅱ)”, which explains the technical architecture of Litentry. It took a lot of time for us to design and finalize the concepts of the protocol, and to improve, write and translate (well Rome was not built in a day🏛). In this weekly report, I’ll give you a “explain Litentry’s architecture like I’m five”, for those who need a concise explanation of the concepts.

First of all, you probably already know that Litentry is an identity aggregator. What this aggregator does is to:

1. Obtain identity scores…

Overview

The Litentry Network provides privacy-first, decentralized identity aggregation computing services. Litentry Network abstracts away the complexity of the blockchain consensus layer and undertakes the calculation of the format-agnostic DID data for multi-network identity aggregation. The identity aggregation layer enables decentralized applications to get trustless identity-related & credit-related data. To get a better understanding of why aggregated identity is needed, please refer to the Part Ⅰ of this article.

The identity aggregating services could be used for collateralized lending, insurance rate calculation in DeFi, voting power calculation in DAO governance, and accreditation in KYC required services (for example, prevent BOT from…

We are glad to announce that Litentry has achieved strategic partnership with MathChain, a Polkadot smart wallet parachain based on Substrate.

Through this cooperation, the two parties will jointly explore more possibilities in the adoption of Decentralized Identity (DID) in DeFi and cross-chain markets. Litentry is able to aggregate identities across various blockchains and provide better DID service for dApps in the Clover ecosystem. At the same time, we will explore developing a brand new Litentry interface that supports identity aggregation, displaying and management, such as displaying a user’s NFT collection, rewarded metals from other Dapps etc. …

🌁 Nansen’s fundraising is the talk of the week. But there’s obviously a lot more beneath the surface, so in this article we’ll take a look at what the rise of blockchain data analytics means to us, and Litentry’s upcoming product plans.

👀 First, what happened to Nansen?

Nansen raised a $12M Series A led by a16z, followed by Coinbase Venture, Imtoken Venture, and others. Founded in 2019 in Hong Kong, the company focuses on ETH address analysis. Through wallet labeling and attribution, they are able to find human-readable patterns in anonymous transactions and achieves transparency in on-chain crypto data.

Nansen’s business model is subscription-based…

TL;DR

• DAFI Protocol and Litentry are partnering to introduce identity-based staking models for the DID and DeFi ecosystem.
• The new rewards distribution program will issue dLIT tokens to $LIT users.
• These smart synthetic dTokens are designed to be algorithmically pegged to the demand of $LIT.

We are thrilled to announce our latest partnership with DAFI, an innovative synthetic staking protocol that reinvents how every decentralized network is rewarded. Both teams will delve into the integration between DAFI’s smart synthetic tokens and Litentry’s cross-chain identity computation service. The collaboration aims to provide enhanced possibilities for long-term users for both crypto projects.

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Hello everyone! This week we got something very exciting for you — we’ll briefly talk about the NFT pallet on the Litentry parachain, and more importantly, the technology we use to do NFT airdrop: Merkle tree. 🌳

🎨 NFT pallet

We’re building an NFT pallet to foster identity track building and DAO governance in Web 3. Through weighted computation of users’ aggregated identity data, ML labeling and classifying, users meeting the corresponding identity score range or specific identity attributes will receive their identity NFT. The identity NFT is closely related to the user’s on-chain historical behaviors, such as transactions, on-chain governance participation, IDO…

The result of Kusama first parachain slot auction is coming in no time. For this week, we have our updates on the Kusama auction and all juicy opinions on how things stand in the auction. ✨

💚 Yes, we will participate in the Kusama auction

Starting from June 17th, Kusama’s first slot auction enters into a five-day ending period — Bids made following this point have a linearly reducing chance of being considered.

Due to development schedule adjustment, Litentry plans to add one more pallet to our chain which decrypts data on Account Linker using TEE before we participate in the Kusama slot auction. …

This week’s keyword: Privacy. Our tech team has been working closely with the SubstraTEE team and Automata to embed their privacy designs into our DID aggregation protocol. Dive in below to see what is happening. 👀

✨ SubstraTEE for storing linked identity information privately

Our team had a technical discussion with the SubstraTEE team to learn more about developing pallets inside their TEE framework. SubstraTEE is a very useful framework that allows calling a custom state transition function (STF) inside a Trusted Execution Environment (TEE). It promises integrity and confidentiality of (remote) computation.

With SubstraTEE, Litentry is able to build a TEE side chain that can be used…