Post.Tech is a SocialFi/DeFi platform that offers a mix of social media and financial opportunities for users. The platform allows users to tokenize their profiles and posts, buy and sell shares of social profiles, and engage in rewarding activities through an airdrop campaign. It is the latest adversary to DeFi platform Friend.tech.Here’s everything you need to know about the new and rapidly growing SocialFi/DeFi platform Post.Tech, explaining what it is and how it works.Post.Tech Explained: What is it?Post.Tech is a new platform and competitor to Friend.Tech in the SocialFi space. It blends elements of social networking with decentralized finance (DeFi). In doing this, it offers users social and financial opportunities with solid rewards.The platform is on the Arbitrum network. It features an array of innovative functions such as allowing users to buy and sell shares of social profiles, engage in private channel discussions, and even tease the concept of making individual posts tradable assets. Post.Tech’s growth recently comes from its interactive elements that can be fruitful for users in terms of reward.How does the Platform work?After signing up for Post.Tech, you can “tokenize” your profile, allowing others to buy and sell shares based on their future worth. You can also tokenize individual posts that gain popularity, adding a financial angle to your social interactions. The platform includes private discussion channels as well, offering a monetary award for social interaction.The Post.Tech Airdrop Campaign is designed to boost user engagement and expand the platform’s community. The process is structured around a points system. This system rewards users for various activities on both the Post.Tech platform and Twitter.1. Earn Points: Users can earn points by creating posts, replying to existing posts, inviting friends to the platform, and trading profile shares.2. Point Calculations: After each activity period, known as an epoch, the points users have earned are tallied up.3. Token Calculations: When the campaign comes to an end, these points are used to calculate the number of Post.Tech tokens each user is entitled to.4. Claim Tokens: Users can then claim their earned tokens, making the points they’ve gathered turn into a tangible asset.5. Campaign Impact: The campaign aims to drive user growth and engagement. It also manages challenges like bot activity to maintain the platform’s integrity.By participating in the campaign, users not only get to explore Post.Tech’s unique features. They also have the opportunity to earn tokens, making it a win-win for both the platform and its community.#posttech #DeFiImpact #DeFiUnleashed $SOL $XRP $SHIB

The rising importance of digital identity and data as valuable assets in the digital age has sparked discussions and initiatives centered around Self-Sovereign (SSI) and Decentralized Identity, aiming to empower individuals with control over their own data and privacy in the era of web3.0.
Self-Sovereign Identity & Decentralized Identity are not exactly the same, but have a lot in common. In fact, SSI is mostly used in the case of blockchain-based identity management. 
A few fundamental aspects of self-sovereign identity have been developed over time with particular value advantages. 
These characteristics demonstrate how a self-sovereign identity management system could enable users to fully control identity ownership and administration without relying on other parties. 
On a particular blockchain network, a self-sovereign identity denotes a permanent identity that is entirely accessible exclusively by the person or entity owning the identity. Nevertheless, at the right moment, some SSI features can be presented to any other address. 
It is worth noting that identity theft problems are lessened by the benefits of encryption and decentralization that come with self-sovereign identities.   
Technical Aspects of SSI
SSI points to the complexity of developing trust in an interaction between parties. One party must present credentials in order for this trust to be established during an interaction, and the reliant parties can then confirm that the credentials were granted by a reputable source. 
This allows the verifier’s trust to be transferred from the issuer to the credential holder. It is basically a triangular structure consisting of the holder, verifier, and issuer.
It has become common knowledge that users control the verifiable credentials they possess and that their permission is needed in order to use those credentials for an identity system to be self-sovereign. As a result, there is a decrease in unintended user data sharing. 
The concept of centralized identity, where an external entity grants identity, is in contrast to this. In a self-sovereign identity (SSI) system, individuals create and control decentralized IDs, which serve as unique identifiers. As a matter of fact, most SSI systems utilize public-key cryptography to verify credentials, which are stored in digital wallets and secured on a blockchain.
The credentials may include information from a database maintained by the issuer, information from a social network account, a history of purchases made on an online store, or verification from friends or coworkers.
Simulated Life Example
In a simulated example, picture yourself as a job seeker who has to prove their qualifications. With SSI, the digital wallet allows you to create your self-sovereign identity and request your university to issue a verifiable credential directly to your wallet. 
The credential, such as a digital diploma, is securely signed by the university and stored tamper-proof. 
Therefore, when you apply for a job, you present your digital wallet to the employer, who can instantly verify the authenticity of your qualifications, enhancing privacy, and a more efficient way to manage digital identities. 
The employer in this case takes the role of the verifier by using digital verification tools to approve the authenticity of the certificate presented by the identity holder (job seeker) based on the verifiable credential issued by the trusted issuer (university).
To sum up, SSI aims to offer individuals control over personal data. Securely stored using blockchain and cryptographic techniques, identities are protected from breaches and theft. 
While simplifying identity management across platforms, SSI empowers marginalized communities by providing verifiable digital identities, enabling access to crucial services and promoting inclusivity. 
Nevertheless, in the age of technology, where digital identity and data have become incredibly valuable, there are still significant challenges that require attention, such as establishing suitable legal frameworks and promoting education on the topic, as they are the basis of healthy new ventures.
#ZK-proof #zkSync. #zkSNARKsRevolution #decentralizing #DeFiImpact