Soulbound tokens power new identity solution on Celo blockchain

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Soulbound tokens power new identity solution on Celo blockchain
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Users on the Celo blockchain now have the ability to access the new “Prosperity Passport” digital identity solution from Masa Finance.

Although the SBT hype quieted over the last months, they have not disappeared off the scene. On Mar. 1,announced that it will deploy on the carbon-negative Celo blockchain to create a new identity solution.

Calanthia Mei, the co-founder of Masa Finance said nonfungible tokens were the first pioneers for Web3 user customization, and SBTs are the next breakthrough technology. The “Prosperity Passport” solution also gives access to other utilities from Celo projects which have integrated the technology, such as micro loans and universal basic income.

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