According to SMBC, soulbond tokens have promising capabilities in terms of managing diverse roles of individuals in the decentralized society.
, SBTs refer to digital identity tokens that represent the characteristics or reputation of a person or entity, or a “soul.” Such tokens are non-transferable and are designed for the decentralized society and Web3.on Dec. 8 an initiative focused on the practical use of SBTs in partnership with the digital asset firm HashPort.
According to SMBC, the development could specifically be useful for individuals increasingly assuming diverse roles and personalities within society. The company stated: One of the practical uses of an SBT could be a situation where a user has a role of a working adult and another role of a music fan. “If this user wants to prove his/her skills and work history when changing jobs, he/she can simultaneously prove his/her identity and his/her career information associated with them by allowing his/her employer to reference the SBTs,” SMBC said.
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