JP Morgan To Launch New Digital Identity Feature In Metaverse
The American multinational investment bank JP Morgan continues expanding its presence in the metaverse. This time, the financial services holding company has announced plans to allow users to traverse digital realms using a single digital identity. the multinational investment bank confirmed plans to develop a digital identity feature empowering users to choose identity credentials.
According to JP Morgan, the new digital identity feature will allow users to seamlessly traverse across digital realms, such as the Web3, DeFi, and the metaverse. The digital identity feature will set users in total control over their digital credentials. JP Morgan’s Onyx will power the new digital identity offering. Launched in 2020, Onyx is one the first bank-led and blockchain-powered platforms allowing users to trade value, information, and digital assets. JP Morgan anticipates using the digital identity feature to allow crypto fans to explore.
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@Metaverse_Web3_GameFi
