LIT

Litentry is a decentralized identity aggregation protocol built on the Substrate framework, designed to enhance the interoperability and usability of identities across different blockchain networks. It aims to provide a secure and efficient system for identity verification and credit computation while maintaining user privacy through advanced cryptographic techniques.

Litentry's native token, LIT, is used within the ecosystem for staking, governance, and paying for services related to identity verification. The platform supports a variety of applications, from DeFi to governance voting, enabling users to manage their digital identities seamlessly across multiple platforms.

By integrating decentralized identity solutions, Litentry addresses common challenges in the blockchain space such as fragmentation and lack of privacy. Its innovative approach empowers users by giving them control over their data and simplifying the process of interacting with blockchain-based applications.