China’s Ministry of Public Security, in collaboration with the Blockchain Based Service Network (BSN), announced the implementation of RealDID, a decentralized identity system using blockchain technology. RealDID aims to verify the real names of 1.4 billion people in China. RealDID aims to make websites more anonymous by separating personal information from business data.
At the time of writing, Bitcoin (BTC) is trading at $40,919 and Ethereum (ETH) is trading at $2,169. The fear and greed index is “65”, which is the level of greed.
The main developments that occurred during the day:
General market activity: US interest rate decisions to be announced.