Hashgraff Group (THG) has launched a self-sorine identity (SSI) platform, which “”
An annually, ThG, an annual sent to the coinalgraph, stated that the Idtrust platform is built on the headra network and will be operated by artificial interest. A SSI platform allows users to safely release, manage and verify credentials with the requirement of centralized authorities.
Governments and enterprise identification programs as launch include Swiss e-DIP initiative and EIDAS 2.0 regulation of the European Union.
In addition, the blockchain-based ID Fencing Fundament also rolled into Southeast Asia. On Friday, Vietnam launched a national blockchain platform, which will be used to provide electricity to decentralized identification solutions.
Personal data control gives an edge over competitors
ThG’s co-founder and CEO Stephen Des told Cointelegraph that Idtrust platform HEDRA Considering Service (HCS) uses stalas proof mechanisms, claiming that there is a separate adquantage on blockchain-based solutions.
“Where polygon and atherium have to take the entire history of interaction, the endrust headra does not cause the network to grow and does not put any additional beds on the verifications,” the DIC said.
He said that Idtrust Identification is cut off from the HEDRA network and users do not need to keep HEDers (HBAR) to use the same key plan, as it is in the HEDRA network. “Such flexibility is not available in other solutions,” DIS claimed.
He said that IDTRUST stands out in the crowded SSI market by offering a fully decentralized digital identity management for enterprises and governments. This includes not only achievement, but also the authority capacity.
“This distinguishes it from solutions such as polygon ID or worldcon, which mainly focuses on providing identification or uniqueness,” DISI explained the coinalgraph. “Compared to Microsoft Entra, Idtrust provides a decentralized trust model that provides complete control over individuals to individuals.”
Connected: Philippines to secure government documents on polygon despite network hiccups
Switzerland’s push for digital identity
Switzerland pushed towards a national digital identity as Idtrust launch.
On 20 June, the Swiss Federal Council opened a counseling process on a new ordinance to regulate the implementation of Electronic Identification (E-IID).
Deiss told Cointelegraph that Swiss e-OD would be an ownership system built on W3C standards and SSI principles, which would compatible with the IDTRUST system.
“Idtrust wallet hold will be able to catch the Swiss Verified Credential, and the users will be able to mix applications to request applications to verify those to verify those,” DIS said. “For example, proof of personality or proof of legitimate driver license.”
As a Switzerland-based company, 3 works with the government and followed the e-editing and consulting process on an ordinance regulating the details of the Swiss E-ID details.
He said that Idtrust Launch 3 allows 3 to have more active and advanced discussions with Swiss authorities.
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