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About LIT
Built on the Substrate framework, Litentry is a decentralized identity aggregation protocol that can be used across multiple networks. Litentry’s main components are its decentralized identity solutions and user activity data management infrastructure. Â
Litentry in their own words
Litentry describes itself as a decentralized identity aggregator, providing the structure and tools to empower you and your identity.Â
How does it work?
Litentry supports digital identity aggregation, verification, and credit calculation. Its mobile application streamlines the collection and management of a user’s digital identities through a central hub.Â
LIT token utility?
The LIT token can be used for fees, rewards, staking, governance, as well as collateral within the DeFi ecosystem.Â
Learn More
To learn more about Litentry, click here.
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