Mobile App and Market Opportunity The digital and virtual goods market is currently $32B and is expected to reach $190B by 2025. A key factor in this growth is the verification of users and reducing the growing amount of hacking, phishing, and fraudulent activities online, which is at the core of LQID.c LQAVF’s business.
Last month they deployed their blockchain-based verifiable credentials for Proof of Humanity available via the Liquid Avatar Mobile App, which allows users of metaverses, ecommerce sites, and more the ability to to establish a digital footprint that proves they are genuine individuals without having to divulge sensitive government issued identity.
The pr mentioned a study released in July 2022 from Juniper Research found that the cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343B. LQID’s app is addressing this!
https://www.accesswire.com/720934/Liquid-Avatar-Technologies-and-Aftermath-Islands-Metaverse-Deploy-Blockchain-Proof-of-Humanity-to-Create-a-Safer-Private-Online-Experience-and-Eliminate-Usernames-and-Passwords