Why Self-Sovereign Identity (SSI) ?
A radically better way to model digital identity and utilize data.
Data Sources
Businesses give users their data and can earn money.
Data Owners
Users collect their data and share it effortlessly with others.
Data Consumers
Businesses get reliable, high-quality user data.
How it works.
Identity data is transformed into digital credentials that can easily be shared and verified.
Example: A government (Issuer = Data Source) issues a digital passport (Credential) to a citizen (Holder = Data Owner), which the latter presents to a bank (Verifier = Data Consumer) to open an account.
What you can do with Self-Sovereign Identity.
User Onboarding
Effortless sign-up with one click.
Replace usernames, passwords and forms.
Auth & Access
Effortless one-click login for sites, apps.
Replace usernames, passwords, magic links, SMS, federated login and authenticator apps.
Identity Proofing
Verify users’ core identity (KYC, KYB).
Replace document uploads or todays video/picture driven online identification processes
Risk & Compliance Checks
Verify user’s data beyond their core ID.
Replace self-attested data or services that aggregate data from various third party databases
Issue Digital Credentials.
Provide stakeholders with re-usable digital credentials about themselves.
Replace centralized solutions for certificates, credentials and badges.
Offer Identity Wallets.
Enable users to store, manage and share identity credentials.
Benefits for Individuals.
Effortless digital experiences combined with control over data.
Effortless Experiences.
Sign-up, login and check-out are turned into a one-click process.
Secure digital interactions.
Online fraud and large-scale data breaches are eliminated.
Privacy and Control.
People control and can selectively disclose their data.
Benefits for Businesses.
Increased revenue and user satisfaction combined with lower costs and risks.
Conversion Rates.
Increase sign-up / onboarding and check-out completion.
Fraud Prevention.
Verify identities (no bots, no ID theft) and documents (no forgery).
User Experience.
Turn every customer interaction into an effortless experience.
Security.
Eliminate risk factors for data breaches (e.g. passwords).
Costs.
Significantly lower costs for identity and document verification.
Compliance.
User-centric data and consent management aligned with GDPR.
Want to dive deeper?
White Papers
Why you should care about SSI and how to stay ahead of your competition.
including a white paper co-authored by
the Boston Consulting Group (BCG)
Documentation
Everything you need to know about SSI and emerging digital identity ecosystems.
Written for non-technical readers but includes a documentation for developers.
Decentralized Identity
& data monetization
Learn more about different data monetization models
Request a free consultation.
Our experts are happy to help you out and answer your questions.
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Learn more about our holistic open source SSI infrastructure for developers and enterprises.