Crypto

Revolutionizing Uzbekistan: inDAO and Verida Forge Partnership for Web3 Adoption and Digital Transformation

In an effort to advance the integration of blockchain technology into various sectors in Uzbekistan, inDAO, a blockchain-focused organization, and Verida, a provider of self-sovereign digital identity solutions, have joined forces. The partnership aims to drive the widespread adoption of Web3 technology in the country.

The collaboration involves the execution of pilot projects and engagement with government stakeholders, with the ultimate goal of establishing both technological and business consensus. The objective is to deliver a cost-effective and efficient digital infrastructure for Uzbekistan. The partnership also addresses issues related to user privacy and digital security, focusing on sectors like healthcare, education, and real estate.

Working in tandem with the Uzbekistan government’s Digital Economy Research Center, Verida and inDAO plan to showcase the potential of Web3 technology as a vital component of Uzbekistan’s digital strategy. The companies will conduct joint pilot programs throughout 2023 and 2024, illustrating how inDAO’s blockchain technology and Verida’s self-sovereign web3 wallet and regulatory-compliant data storage can empower citizens by giving them control over their digital presence.

A customized version of the Verida wallet will be developed to meet the specific needs of Uzbekistan citizens. Scheduled for release in 2024, this tailored wallet will integrate with the inDAO blockchain and operate on Polygon Supernets. Simultaneously, Verida’s self-sovereign database network will ensure the security of user credentials, healthcare data, and other private information that should not be stored on a public blockchain.

The collaboration aims to create proof-of-concepts in key areas of focus over the coming months, working closely with stakeholders across various government departments and industry leaders. Initial pilot projects will include partnerships with local universities to implement zero-knowledge credentials, enabling students to verify their qualifications to potential employers. Subsequent initiatives will extend to three hospitals, where users can take control of and manage their health records securely.

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