For many people in the Web3 community, a central focus has been to improve the identity solutions available to customers. Last year, the birth of Life-related dynamic password (SBT) gave users a new way to define themselves.

Although the popularity of SBT has calmed down in the past few months, they have not subsided on the stage. On March 1st, SBT agreement Masa Finance indicated that it will deploy to the carbon negative CELO block chain and work together to build a new identity solution.

More than 10 million dynamic wallets in the CELO ecosystem will be able to form the Masa Prosperity Passport Visa. This new Web3 authentication solution allows users to build a variety of SBT related to their smart lives, such as authenticated user authentication SBT, comprehensive score SBT, community reputation SBT and ".celo" website domain name SBT.

Calanthia Mei, founder of Masa Finance, said that the unchangeable dynamic password (NFT) was the first forerunner customized by Web3 users, and SBTS was the next disruptive technology.

Web3 has trust issues, while SBTS means a form of composability and extensibility of the relationship layer between projects and users and their users.

The Prosperity Passport Visa solution also allows access to other utilities from the CELO program, which integrates this technology, such as microlending and broad basic income.

Mei firmly believes that the authentication solution provided by SBTS will help the next 1 billion original users break into Web3:

For us, SBTS is for the world economy, market and users to provide contact information, combined with Web3, is really a way to enter the Internet economy.

According to the statement, the agreement has already created 250000 Masa life-related identities and nearly 300000 Masa.Soul names.

At the end of 2022, MetaMASK Institution, Cobo and Gnosis Dao all jointly created a SBT project to generate uniqueness and authentication for their users. As early as last December, Sumitomo Mitsui, a Japanese financial investment company, also revealed that it was dealing with SBTS for social reasons.

This new digital asset is called the possible solution of data identity and digital citizenship in the future illusory world.

Although there was no immediate mention of digital assets, on 9 February, EU countries mentioned the application of zero-knowledge proof to future data identity cards.