Congruent Labs is proud to announce its latest partnership between the Signata Project and LGCY Network! As part of this partnership agreement, Signata will deploy its identity contracts to the LGCY network, provide first-class integrations for DID solutions on the LGCY network, and deploy the upcoming Veriswap service onto the LGCY network to allow anyone to perform token trades with additional identity validation to protect all parties.
"This marks a momentous occasion to prove the value proposition of Signata," announced Timothy Quinn, co-founder of Congruent Labs. "We see the future of blockchain as a multi-network ecosystem, and each network needs a strong Decentralized Identity solution to help it grow and adapt to the expansion of consumer adoption of cryptocurrency. LGCY fits our ethos perfectly, and we believe this will be a long and prosperous partnership between our projects."
The Signata team will work closely with the LGCY Network team for the next stages of the Signata's deployment to testnet and mainnet networks. The Signata token will also be established within the LGCY Network, with specific tokenomic details to be determined closer to the launch of Signata onto the LGCY mainnet.
LGCY Network is a DPoS, open-source blockchain protocol with industry-leading transaction speed and flexible utility. Running on the Libertas Protocol, the network aims to be the most decentralized dApp blockchain in the world.
Congruent Labs is the company building Signata, a privacy-focused and “full-stack” identity and access solution for the future, building private authentication solutions, delegated rights management, and integrating strong hardware key storage for the protection of everyone’s online lives. Signata is also a zero-knowledge crypto wallet solution and will be the first service that integrates the Identity framework into the real world.