Brc137

The startup develops a Bitcoin ecosystem platform that utilizes composable decentralized identifiers to enable the monetization of digital identities and facilitate on-chain value exchanges. This technology enhances asset liquidity and supports the creation of on-chain social models, addressing the need for efficient digital identity management in decentralized environments.

Singapore, Singapore

Updated 2 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

In decentralized environments, managing digital identities and establishing on-chain social connections can be inefficient and costly due to the limitations of existing Bitcoin protocols. Current methods lack composability and often result in high transaction fees, hindering the creation of dynamic on-chain social models.

Solution

B137 provides a Bitcoin-based social assets protocol that leverages composable decentralized identifiers (DIDs) to unlock and monetize digital identities. The protocol enables users to create and manage unique DIDs, which can then be combined with Top-Level Domains (TLDs) to establish distinct on-chain personas. B137 also introduces Delegators, who aggregate and batch user operations to reduce transaction fees, making DID management more accessible. This system facilitates the creation of on-chain social graphs, allowing users to link their DIDs to various communities and establish verifiable social connections directly on the Bitcoin blockchain.

Target Audience

The primary target audience includes Web3 developers, decentralized application (dApp) creators, and Bitcoin users seeking to establish and manage their digital identities and social connections on-chain.

Features

Composable DIDs: Allows users to create unique and customizable digital identities on the Bitcoin network.
Top-Level Domains (TLDs): Enables the creation of branded communities and organizations within the B137 ecosystem.
Delegator Network: Reduces transaction costs by aggregating and batching user operations.
On-Chain Social Graph: Facilitates the creation of verifiable social connections and community memberships.
Royalty Mechanism: TLD holders can set royalties for DID binding, creating a potential revenue stream.
Metaprotocol Support: Compliant with the Ordinals protocol for seamless integration and operation.
API and Indexer: Provides tools for developers to integrate B137 DIDs into their applications.