4 April | Other

Cardano launches decentralized digital identity platform Veridian

Cardano launches decentralized digital identity platform Veridian

On April 3, the Cardano ecosystem unveiled Veridian, an open digital identity platform aimed at both private users and businesses. The new solution offers a decentralized approach to identity management, providing full control over personal data without the involvement of third-party services.

Veridian aims to address vulnerabilities in centralized identity systems that often cause data breaches. The platform uses open-source protocols, including decentralized KERI identifiers and ACDC credentials. These allow users to protect their digital data independently.

Additional layers of trust built on Cardano's security protocols ensure authenticity and verification of data in the online environment without the need for intermediaries.

The Veridian Wallet mobile app was launched simultaneously with the platform. The wallet provides a secure and convenient way to store, manage, and verify digital credentials for users across different industries. The information was reported by Crypto.news.

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