Metavisa helps its users to set up secure DID systems in the Web3 era

“Metavisa helps its users to set up secure DID systems in the Web3 era. Metavisa is a decentralized and open source voice over internet protocol (VOIP) application platform that facilitates international calling among long-distance friends, family members, or business associates.”

The “which of the following is not an example of a web application” is a question that has been asked many times. Metavisa helps its users to set up secure DID systems in the Web3 era.

The ecosystem created for NFT creators/artists, collectors, and investors is plagued by fraudulent activity.

Non-fungible tokens (NFTs) have unquestionably become a popular means to acquire and trade digital assets in recent years. However, one issue we don’t hear much about is how, along with the tremendous increase in NFTs and digital asset trading, there is a big problem of increased fraudulent behavior affecting NFT artists, producers, and collectors. According to allegations in the media, bitcoin and NFT scammers are employing bogus and impostor-type Web 2.0 profiles on platforms like Twitter and Instagram to entice victims who are unable to identify their genuine identities. Most victims are duped into thinking they are qualified for certain airdrop operations, in which crypto is distributed to users as a promotional activity to increase awareness, and are subsequently vulnerable to theft. For example, on April 1, 2022, the Bored Ape NFT (Figure 1) collection of famed Chinese pop star Jay Chou, valued at about $734,565, was unintentionally transferred to a bunch of fraudsters. Many major opinion leaders and social media influencers have Web 2.0 social media accounts and are well aware of the hazards connected with privacy and data, but in Web3, there are additional concerns about identity theft and impersonated activities across ecosystems leveraging digital assets.

Figure 1: Bored Ape (Bored Ape) NFT by Jay Chou (Source: Instagram and Weibo)

Metavisa provides a solution to the pain point that social media identities are at danger of being hacked and deceived. In the Web 3.0 age, metavisa’s social decentralized identification (Social DID) project, which debuted on April 25, 2022, may help overcome the privacy and security issues of Web 2.0 by building a Social DID system with a displayable credit rating system for users’ encrypted assets. (See Illustration 2)

1651224488_47_Metavisa-helps-its-users-to-set-up-secure-DID-systems(Image courtesy of Metavisa)

1651224489_135_Metavisa-helps-its-users-to-set-up-secure-DID-systems(Image courtesy of Metavisa)

Based on the blockchain data, using cloud computing, machine learning technologies, and model algorithms such as logistic regression, decision trees, random forests, etc., metavisa conducts comprehensive processing and evaluation of data in various dimensions such as Credit History, On-Chain Behavior Preference, Address Activity Level, Asset Holdings & Portfolio, Address Correlation. Users can randomly draw a metavisa card from the metavisa webpage by using their wallet address and claim a metavisa NFT hero avatar. Moreover, metavisa MCS’s credit rating system will produce a unique MCS radar chart for each user to estimate and show their crypto assets credit score and protect their privacy by not displaying social address information to the public. The metavisa credit score system will also award the users with ranked badges based on their MCSs. Users with higher MCSs will be rewarded with high-ranking badges and therefore have privileges in services from various DApps. (Figure 3)

It’s a secure method to turn your clout into tangible assets and grow them.

Users may also link their metavisa hero avatar to their original web 2.0 social media accounts to preserve the privacy of their social address information and other functions by establishing a decentralized, shared, secure, and dependable credit rating network identity. With this method, social media influencers and key opinion leaders (KOLs) may feel free and secure in responding to and rewarding their following. Influencers and followers alike may use Meta ID to turn their social media influence into actual assets and grow their fortune. 

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