IBM joins Sovrin Foundation to support digital identity network

MM

Melisande Mual

05 Apr 2018 / 5 Min Read

As a Steward, IBM will collaborate with other Sovrin Stewards to create, operate and maintain the foundation’s decentralized digital identity network.

The foundation operates as a global public utility designed to provide permanent and private identity for every entity on the Internet. Along with other Stewards, IBM will dedicate hardware, security and network capacity to assist in the operation of this self-sovereign identity network which uses distributed ledger technology to enable the secure exchange of cryptographically-signed credentials to prove the digital identity information in the identity owner’s possession.

IBM and the Sovrin Foundation share a common vision that every individual, organization, and connected device have its own truly independent digital identity, in order to form more trusting interactions. To help achieve this vision and ensure these digital identities are interoperable at a global scale, Sovrin Foundation Stewards run open source distributed ledger technology administered by the Hyperledger Foundation, as Project Indy.

Countries:
MM

Melisande Mual

05 Apr 2018 / 5 Min Read

sign up banner
the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright