The problem OkID solves

Decentralized identity (DID) offers numerous advantages over traditional centralized identity verification and authentication. These advantages include enterprise decentralized identity management, improved user experience, compliance with data privacy regulations, improved efficiency and productivity, cost savings, and increased innovation potential. However, companies have difficulties to onboard and manage decentralized identification systems due to the complexity of the underlying infrastructure.

OkID is an enterprise infrastructure-as-service DID solution built on OKX Chain powered by account abstraction. Our platform offers 1) One-Click Web3 domain Host and 2) Wallet-Less Web3 authentication services to enable enterprises to ease the frictions of web3 mass adoption. We work with companies to understand their specific needs and use cases, helping them build a robust and effective Web3 DID solution that meets their requirements. User registration experience is seamless and in one-clicks with web3Auth technology.

We support a range of use cases, such as gaming studios running campaigns and providing airdrops to sub-domain holders for marketing, local restaurants tracking and profiling their customers to boost returning rates, and car dealerships readily mailing out all sub-domain users about their latest deals. As end users, they gain control of their data sovereignty and can choose who can access, use, and modify their data. Furthermore, our solution eliminates the de-platforming risk, and users can carry over their identity wherever they go hassle-free.

Our solution is 1) interoperable and 2) scalable, seamlessly connecting multiple chains, and enabling businesses to grow their customers with account abstraction. With OkID, enterprises can achieve the benefits of decentralized identity management without the complexities and costs associated with traditional DID solutions.

Challenges we ran into

Technical challenges: Web3Authorization. Front-end and back-end integration. Deployment onto mainnet.
Business challenges: Priorities. Time limits. Collaboration among different parts.