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NUVOWallet Introduces Trust Framework with Soul-Bound Tokens (SBT) and Verifiable Credentials on XDC Mainnet

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Link: https://youtu.be/8P3lAlYw0Go

Soulbound Tokens (SBTs) are a type of non-transferable digital token that are permanently tied to a specific blockchain wallet, often referred to as a "Soul." Unlike standard cryptocurrencies or non-fungible tokens (NFTs), which are designed to be bought, sold, and traded, SBTs cannot be transferred to another user.

NUVOWALLET SOUL BOUND TOKENS ON XDC

SBTs are intended to represent a person's unique identity, credentials, and reputation in the digital world. This can include things like educational degrees, professional certifications, work history, and even medical records.

The non-transferable nature of SBTs makes them useful for creating a verifiable and authentic digital identity, helping to prevent fraud and build trust in decentralized applications and communities.

XDC Token SmartContract
https://xdcscan.com/address/0x113b3fb9d3ab4d02057313f9729b5f2f92491313

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https://nuvowallet.io

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