BaaSid Price(BAAS)

BaaSid, represented by the token $BAAS, embodies a platform that integrates various advanced technologies to streamline identity management. It operates on principles of decentralisation, prioritising user privacy and security. The primary objectives of BaaSid include:

• Identity Verification and Authentication: BaaSid facilitates reliable identity verification processes, ensuring that users' digital identities are secure and easily verifiable.
• Decentralised Identifiers (DID): The project leverages Decentralised Identifiers, which are critical for ensuring secure digital interactions without compromising on user privacy.
• Two-Factor Authentication (2FA) and Multi-Factor Authentication (MFA): By implementing layered security measures, BaaSid enhances the safety of online transactions and interactions.

At its core, BaaSid’s unique proposition lies in the use of blockchain technology for managing data authentication. Unlike traditional systems that store original copies of data, BaaSid employs decentralised storage without retaining any original copies, significantly reducing the risk of data breaches.