You’ve been asking for an update on the current status of MyID, ICONLOOP’s decentralized ID (DID) solution.

So here it is. Or as much as we can possibly know.

The MyID Alliance — the list of partners committed to adopting the MyID solution — is currently at 86 companies and organizations.

If you want a full list of partners, check out the MyID homepage, where you can find a list of:

  • Alliance partners that verify and issue — or will verify and issue — MyID identifications, all of which are in the financial sector
  • Growth partners that use — or will use — IDs issued by alliance partners
  • General partners expanding the MyID-based digital ID ecosystem
  • Global partners that are helping globalize MyID’s business model
  • Legal partners providing legal services

OK, 86 companies and organizations. That’s all very nice, you might ask, but how many many of those companies and organizations are actually deploying the solution?

Well, the major real-world uses cases are:

According to ICONLOOP, the services based on the mobile Zzeung app use ICON’s public chain for the initial DID issuance.

The POSCO use cases also use ICON’s public chain.

Public chain transactions come with small ICX fees.

As Brian Li noted last year, MyID-related transactions are ramping up on ICON.

Indeed, the particular smart contract Li pointed to has had 525,428 transactions so far.

Each of those transactions currently comes with an ICX 0.0094 transaction fee.

Zzeung, meanwhile, has had over 180 transactions in the last 90 days.

Anyway, of MyID’s current use cases, the award-winning Jeju Safety Code is probably the most noteworthy. Unless you’re using it through Zzeung — and most users don’t — it operates entirely on a private chain, limiting its impact on the wider ICON ecosystem.

As a real world application of blockchain technology, however, it’s been a spectacular success, so much so that we’ve wondered before if it could represent blockchain’s killer app.

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