Express

Shyft Network Plans To Develop A Polkadot Parachain For Its Digital Identification Network

Roland James

Summary: Public blockchain protocol Shyft Network is adding another blockchain to its decentralized digital identification network. The Barbados-based firm announced its plans to develop a Polkadot parachain based on Parity Technologies’ Substrate network.  The move is part of Shyft’s larger plan to develop a universal standard for cryptocurrency regulatory compliance. It also complements Polkadot’s primary mission of ...

Public blockchain protocol Shyft Network is adding another blockchain to its decentralized digital identification network.

The Barbados-based firm announced its plans to develop a Polkadot parachain based on Parity Technologies’ Substrate network. 

The move is part of Shyft’s larger plan to develop a universal standard for cryptocurrency regulatory compliance. It also complements Polkadot’s primary mission of interoperability.

By Roland James

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 14 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 21 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 25 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 28 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... August 29, 2025
  • You need to login to comment.