The goal of Cronos ID’s identity layer is to map human-readable names like “Jack.cro” or “Jill.cro” to machine-readable identifiers - such machine-readable identifiers include onchain addresses, metadata, IPFS hashes and content hashes.
This layer allows “Jack” and “Jill” to:
Host their own IPFS websites and NFT galleries
Link users to their bio and info, including twitter profiles, email etc, by visiting their domains
Send and receive cryptocurrency to/from Jack.cro or Jill.cro
Create subdomains for their community to use
Users will no longer have to authenticate and contend with long and complex addresses. Individuals can choose to have their relevant information connected to their identity layer for ecosystem-wide usage.