The AMA took place on Jan 21, 2022 with the participation of Welups Foundation’s Marketing Director, Mr. Mark Nguyen. During the livestream, Mr. Mark Nguyen had shared important information about the Identity Blockchain with audiences. Here is the key recap information for your info:
Fake Identity: World’s Problem
Fake identity and digital fraud are some of the major problems of the world since the advent of the Internet and many methods have been applied to prevent and reduce the impact but the effectiveness is not enough. Welups has combined Blockchain and IDShare to provide an efficient and reliable method of identification with the goal of bringing a secure digital world to everyone.
Safety of personal data on Welups Blockchain
With Welups, your personal information is not stored on Blockchain, but Welups chooses to use the method of using Blockchain to identify for the following reasons:
– Can prevent being hacked
– No violation of personal data policies
– Adapt immediately when personal data changes
Identified Blockchain Development Plan in 2022
In the first quarter of 2022, Welups Foundation plans to put the WELUPS list on more than 30 of the world’s top exchanges and launch D.app Moongle. At the end of March, Welups Foundation will hold the next OTB event in Dubai.
Some key information about the Moongle D-app
– Future Platform for NFT Asset Storage Solutions
– Provide a creative space for 3rd parties to develop Dapp
– Investors can start buying land on Moongle with mLU from the beginning of April, 2022
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