Self-sovereignty is a key objective of Web3. “Not your keys, not your crypto” is a common mantra. Verifiable Credentials (a W3C standard) are a way to bring this self-sovereignty to your identity and build digital attestations about oneself in order to access products and services.
These attestations take the form of Verifiable Credentials (VCs) which involve a credential:Issuer, Holder and Verifier.
Ettle is launching an Australian Dollar cash backed stablecoin (AUDE) that is fully banked and redeemable. The Ettle stablecoin will be used for a vast array of use cases and will be independently audited to always ensure a cash backing for each and every stablecoin on issue.
MAPay is developing healthcare technology solutions in Bermuda for health provider credentialing services, patient health data solutions and healthcare payments. Verida will complement MAPay technology and provide connectivity to Algorand as the blockchain of choice for smart contracts and stable coin payments.
Nimble is building new technology for the insurance industry that allows communities and members to participate in the insurance process, earn yield, control their private data, and be a part of an insurance process that isn’t commoditized but instead provides real value and service. Verida will complement the Nimble technology and provide connectivity to Algorand as the blockchain choice for smart contracts and stable coin payments.
cheqd is a decentralised network for data ownership and value creation. We’re enabling individuals and organisations to take control of their data. Our platform delivers first of its kind payment rails, customisable commercial models and governance structures for trusted data, including self-sovereign identity (SSI). Focusing on interoperability and portability – the utilisation of information and services without users losing control of the information they shared – and through SSI technology, cheqd provides companies with the most effective way of managing digital identity. In line with the decentralised, open and user-centric aspects of Web3, SSI removes the need to store personal information entirely on a central database, giving individuals greater control over what information they share safeguarding their privacy.
FinClusive is a hybrid fin-/reg-tech company that provides a low-cost, high compliance, fully integrated and blockchain-enabled digital banking, routing and payments platform, securely accessible for the world's underserved, excluded, or financially challenged. FinClusive is partnering with Verida to provide compliance tooling for KYC and KYB for dApps running on the Verida network.