Cardano Foundation has launched Veridian, a decentralized digital identity platform aimed at transforming personal and organizational data management.
Introduction to Veridian Platform
Veridian is an open-source service available on both iOS and Android. It allows users and companies to control their verifiable credentials and other sensitive information through a user-controlled system.
Features and Benefits of Veridian
The platform is designed to address growing concerns around privacy and data breaches. It employs decentralized identity-proving systems, allowing users to control their personal data without third-party involvement. Additional features such as Key Event Receipt Infrastructure (KERI) and Authentic Chained Data Container (ACDC) enhance security and decentralization.
Integration with Cardano Blockchain
While Veridian operates independently, it is also integrated with the Cardano blockchain, increasing trust and legitimacy in its processes. The Veridian Wallet manages private keys, decentralized identifiers, and credentials. This alignment with Cardano's decentralization strategy enhances user privacy and reduces potential data breaches.
The launch of the Veridian platform underscores Cardano's commitment to enhancing the security and privacy of personal data. Its open-source nature will serve as a valuable asset for software developers.