08-01 21:11 Friday
Hashgraph Group Launches IDTrust, a Self-Sovereign Identity Platform
Cointelegraph reported that Hashgraph Group (THG) has launched IDTrust, a self-sovereign identity platform based on the Hedera network that incorporates artificial intelligence technology to achieve decentralized digital identity management. The platform leverages Hedera's stateless proof mechanism, unlike blockchain solutions like Polygon that require a complete transaction history. Users do not need to hold HBAR tokens to use it. THG CEO Stefan Deiss stated that IDTrust offers comprehensive authentication and authorization capabilities and is more focused on enterprise applications than solutions like Polygon ID and Worldcoin. Its decentralized nature provides more complete data control than Microsoft Entra. The platform is compatible with Switzerland's ongoing e-ID system and can verify official credentials such as driver's licenses.
HBAR
-4.53%
WLD
-2.8%
Disclaimer
Related Reading

No Data Available