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Use Cases
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Digital identity verification through decentralised validation ceremonies.
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Creation of Sybil-resistant applications by leveraging unique human identities.
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Participation in governance and decision-making within the Idena network.
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Use as a digital currency for transactions within dApps leveraging Idena's blockchain.
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Ensures privacy by not requiring personal data for identity verification.
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Facilitates research and development of human-centric consensus mechanisms.
Our Analysis


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About the coin
Idena is a unique, peer-to-peer cryptocurrency that operates as a decentralised Proof-of-Person blockchain. Launched in 2020, Idena distinguishes itself by focusing on individual identity verification through the participation in regular 'validation ceremonies,' where users prove their humanness and uniqueness without revealing any personal information. This innovative approach enables a Sybil-resistant network, fostering a democratic distribution of coins that does not rely on conventional hardware-intense mining. Idena tokens, or iDNA, serve both as the native currency and as a reputation metric, ensuring the integrity and longevity of verified identities. By curbing traditional centralisation issues, Idena offers an egalitarian ecosystem where each active participant has equal opportunity for contribution and reward, fostering a community-centric approach to blockchain technology.
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1 = $0.00371499
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