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.

Elena Dorohina MarketCheese
Period: 19.05.2025 Expectation: 1000 pips
AUDUSD bounces off 0.635 support level toward 5-month high
Today at 09:38 AM 4
Period: 22.05.2025 Expectation: 89500 pips
BTCUSD correction wave forms sell signal targeting 93,700
Today at 08:47 AM 8
Period: 20.05.2025 Expectation: 4065 pips
Optimism for Tesla is limited by weak sales and competition
Today at 05:07 AM 8
Period: 16.05.2025 Expectation: 700 pips
Silver prices started to rebound toward 33.6
Yesterday at 11:15 AM 39
Period: 13.05.2025 Expectation: 900 pips
USDJPY seen retreating to 145.00
Yesterday at 09:38 AM 20
Period: 18.05.2025 Expectation: 3085 pips
Trading optimism and technical signal reinforce S&P 500's upside outlook
Yesterday at 08:18 AM 39
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Go to forecasts