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Jakarta, Pintu News – A few days ago, Sign Protocol, an Ethereum (ETH)-based digital verification platform, announced a partnership with Pi Network during a community meeting in Seoul on Monday (Sept. 22).
This collaboration aims to reshape digital identity and value exchange mechanisms.
After the announcement, many users asked why Pi chose to partner with Sign. Crypto expert Dr. Altcoin explained that YZi Labs, Binance’s new investment division, recently invested in Sign. This shows confidence in Sign’s infrastructure and long-term potential.
Read also: Pi Network Price Plunges Today — Could Payochain Listing Spark New Hope for Pi Coin?
He said, “YZi Labs, which is a rebranding of Binance Labs, recently invested 16 million dollars in Sign.”
“As Sign’s infrastructure is already trusted by YZi Labs, its collaboration with Pi Network could open up wider integration opportunities with the exchange – and potentially be the first step towards listing on Binance once the Pi ecosystem becomes more mature and transparent,” he added.
Sign Protocol delivers blockchain-verified credentials that allow users to take control of their digital footprint.
By combining Sign and Pi, the two platforms can build a digital identity system that is secure, transparent, and cannot be altered or hacked. This system can be used globally and allows various Web3 platforms to connect with each other while maintaining user privacy.
Furthermore, this collaboration also increases visibility for both projects while strengthening their credibility in the blockchain ecosystem.
Read also: Celestia’s Upgrade and Proof-of-Governance: Could This Be the Turning Point for TIA’s Price?
Pi Network announced a system update scheduled for September 25, 8-10 am PDT. During this maintenance period, sign-in and sign-up will be temporarily disabled.
This update aims to improve the stability and security of the system, resulting in a better user experience. Pi Coin, which is currently trading at $0.2704 with a market capitalization of $2.24 billion, could potentially benefit from this system update as well as collaboration with Sign Protocol.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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