LYX Launches SBT Standard for Decentralized Societies: Privacy and Control at the Forefront

LYX has unveiled a new Soulbound Token (SBT) standard, aiming to revolutionize decentralized societal applications for Licathon Service Providers (LSPs). This innovative move focuses on enhancing privacy and data autonomy, promising significant changes in how decentralized applications are structured. The SBT standard addresses the need for increased user control over their data within decentralized platforms. LYX believes this will empower individuals with greater privacy and ownership of their personal information.