Earth ID is a decentralized identity management platform, which aims to provide a secure, consolidated identity.
People with no form of ID
Have exposed personal data
Identity market by 2025
Earth ID is a self-sovereign identity and decentralized identity management platform.
In order to provide a trusted form of global identity it must be built on a decentralized system. Personal data requires meeting global regulations like GDPR and digital identity needs to be trusted without a risk of change.
EarthID uses Hedera Hashgraph as its underlying public ledger for its controlled mutability, guaranteed finality, and security.
Identity plays a crucial role across many sectors. While there have been many attempts at a single identity provider, the proper technology was arguably not available before. Built in a centralized manner, a true global identity solution gives too much power to a single entity, and leaves many at risk for data theft and fraud.
Earth ID is looking to solve this. The team is working towards a vision of providing universal identity to all in a secure manner. To achieve this Earth ID wanted to ensure:
Fundamentally a decentralized network and public ledger can best address the first two items. Earth ID selected Hedera for several reasons one of which is, unlike blockchain-based systems, Hedera is able to meet GDPR requirements for personal data.
By using the Hedera Cryptocurrency, Earth ID is able to define accounts for their users and give them true ownership and access. Hedera File Service provides them with the ability to store either on-ledger or act as an anchor to a larger off-ledger file.
Since hashgraph is able to have controlled mutability – leaving the choice up to the developer if a file or smart contract is immutable. Furthermore the guaranteed finality and advanced signature types of Hedera means that users are able to grant access to files and revoke access in seconds.
"The success of a self-sovereign identity solution is driven by the platform it's built upon. While choosing the underlying platform, we compared many options, and decided to build Earth Id on Hedera."
Earth ID is giving a user true ownership of their identity in a self-sovereign fashion. Hedera network services provide the tools. With this vision and technology, Earth ID believes it can reduce the frequency and risk of identity fraud while creating more efficient communication between key industries like healthcare, education, and business.
Hedera is not affiliated with, and does not sponsor or endorse this project.
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