Blockchain-Based Business Identity System Launched by Innovation City

Innovation City has introduced a blockchain-based business identity system aimed at providing cryptographically verifiable identities to its existing client base of over 1,000 companies. According to NS3.AI, each registered company will receive an identity on OPN Chain, facilitating access and verification within the free zone's digital ecosystem. Jimi Ibrahim of IOPn mentioned that partner access might expand over time, although he did not specify which banks, regulators, or exchanges currently accept these credentials.