AuthenticID, a global leader in identity proofing and fraud prevention solutions, announced a partnership with Milk & Honey Labs. With this partnership, AuthenticID will bring its industry-leading technology to a new sphere: the Web3 economy.

Over the coming months, the two companies will focus on creating secure, identity-assured transactions that support NFTs and all areas of the Web3 economy. These transactions will represent some of the most high tier artists, celebrities, brand properties and IP in the space.

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“As the Web3 market continues to emerge, it is becoming more vulnerable to sophisticated fraud similar to the current digital economy. This partnership will allow us to more quickly apply our fraud detection technology to mitigate the escalating fraud attacks the Web3 economy is experiencing”

“As the Web3 market continues to emerge, it is becoming more vulnerable to sophisticated fraud similar to the current digital economy. This partnership will allow us to more quickly apply our fraud detection technology to mitigate the escalating fraud attacks the Web3 economy is experiencing,” says Jeff S. Jani, CEO of AuthenticID.

“The integrity and growth of the Web3 economy is dependent on making sure it is a safe place to transact. AuthenticID’s advanced identity technology will be an essential part of driving Web3 mainstream adoption,” says Alex Harrow, Milk & Honey Labs founding partner.

AuthenticID will be announcing a variety of collaborations and product announcements over the coming weeks, as it continues to drive forward into this space.

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