Shiba Inu

<ul><li>Shiba Inu (SHIB) launches ShibariumSSI, a self-sovereign identity solution on the blockchain, empowering data privacy.</li><li>Binance adds SHIB as collateral for loan services, offering greater flexibility to users.</li><li>SHIB price sees a 4.17% gain amid heightened data privacy concerns and potential bullish trend.</li></ul>Shiba Inu (SHIB), a popular meme coin project, has launched ShibariumSSI, a new product to enhance user control over personal data and privacy. Announced via a tweet on August 4, ShibariumSSI utilizes self-sovereign identity technology, empowering users to share and retain custody of their data selectively. This reduces reliance on centralized entities such as social media platforms and financial institutions for personal data storage.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/93066f1f00214022aac09b56f14219fb.png" />According to the tweet, ShibariumSSI would be &#34;ZK compliant,&#34;, meaning it uses zero-knowledge proofs to validate information without actually revealing the underlying data. This cryptographic technique is considered key for preserving privacy in blockchain-based systems.Meanwhile, the leading crypto exchange <a href="https://www.binance.com/en/support/announcement/new-loanable-assets-and-collateral-assets-available-on-flexible-loan-vip-loan-2023-08-04-9c8303191b1a4a6bbd7458b3e4ff668d" rel="noopener noreferrer nofollow">Binance </a>made an important update to its loan services by adding Shiba Inu (SHIB) as one of the collateral assets for both Flexible Loan and VIP Loan. This means that users can now use their SHIB holdings as collateral to borrow cryptocurrencies through the Flexible Loan service, which offers greater flexibility without committing to a specific loan term. Using the VIP Loan option, institutional and individual users can also leverage their SHIB assets with competitive rates, terms, and services.Read full article at <a href="https://cryptotale.org/shiba-inu-shib-price-sees-modest-4-17-gain-as-it-launches-shibariumssi/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Shiba Inu (SHIB) Price Sees Modest 4.17% Gain as It Launches ShibariumSSI

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