SYL is the BNB Chain-based token of XSL Labs, which is currently developing a decentralized identifier (or SDI) to allow users to take back control over the diffusion of their personal data on the Internet and to authenticate yourselves to others online.
XSL Labs is committed to deploy a new tool that will allow digital identity to be tamper-proof and decentralized. Through an ecosystem offering alternative services and its interoperability, Secure Digital Identity will integrate perfectly with all the solutions of an increasingly connected Web 3.0.
XSL Labs will offer a decentralized identifier called SDI, a distributed dApp store called SYL Library, and an dApp allowing the interoperability between the ecosystem’s services called ONE. They will work as a single tool to make the user experience easier and more enjoyable.