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European Commission selects Iota Web3 ID for blockchain sandbox

The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

European Commission selects Iota Web3 ID for blockchain sandbox

The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale.

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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