Cardano Founder Offers Musk Free DID Security on X

Cardano founder Charles Hoskinson has offered to implement a ‘decentralized identity’ (DID) security feature on ‘X’ (formerly Twitter) for free, to combat cases of hackers breaching accounts. Hoskinson made the offer to X CEO Elon Musk after SingularityNet CEO Ben Goertzel claimed that his personal X account had been compromised by hackers who then posted malicious links to scam websites.

Hoskinson took to X to inform their CEO Elon Musk that DID will tackle issues of hackers gaining unauthorized access to people’s X accounts. He hinted at a possible partnership between X and his organization if Musk agrees to the offer.

On July 15, SingularityNet CEO Ben Goertzel reported that his personal X account had been compromised. The hacker posted unauthorized links to scam websites and referenced SingularityNET-related crypto tokens.

Goertzel quickly apologized to his followers, stating, “I’m deeply sorry to report that — as many of you have will have noticed from messages that appeared on the account over the last few days — my personal Twitter account was recently hacked”

Note to all who follow my Twitter account…
I'm deeply sorry to report that — as many of you have will have noticed from messages that appeared on the account over the last few days — my personal Twitter account was recently hacked. I've now regained control.
During the…
— Ben Goertzel (@bengoertzel) July 16, 2024

This incident caught the attention of Cardano founder Charles Hoskinson, who reached out to X owner Elon Musk on the platform.

When a Twitter user asked Hoskinson whether he suggested embedding his platform on X, he replied stating, “We have a blockchain agnostic hyper ledger project to issue and manage DIDs, anoncreds, and other parts of the identity stack…I’m happy to integrate this into their stack so they can use it to enhance security, improve access control, remove bots, and have a better compliance system. The core idea is getting the framework embedded and then having the X team manage the infrastructure themselves (sic).”

Hoskinson again offered to provide this service to X at no cost, claiming that the social media platform is an “essential public infrastructure.”

Decentralized Identity (DID)

DID technology provides users with a secure digital wallet that only they can access, allowing for selective data sharing. Hoskinson believes that implementing DID on X could reduce the occurrence of scams and account hacks, which have been rampant recently.

While the use of DID is not yet popular, some companies have begun implementing similar technologies on their platforms

Goertzel speculated that the recent ASI merger involving SingularityNet, Ocean Protocol, and Fetch.ai may have made him a target. He clarified that his personal X account was not managed by SingularityNET, TrueAGI, or any other company he was associated with.

Moving forward, Goertzel plans to leverage SingularityNet’s IT team expertise to enhance security measures for his personal social media accounts.