Innovation Tagline: The Freedom to Manage Your Identity #Buidl Trust in Decentralized Communities
Project Keywords: #identity #selfsovereignidentity #gigeconomy #personaldata #did #distributedledger #nft
Project Members
- Saurav Raaj Saurav Raaj
Project Description (no more than 1,000 words including graphics)
Problem
Our identity and data components are spread across multiple centralized systems which makes it inaccesible. For example, Academic and Work Credentials are generally stored with the issuing organizations and hence can be accessed via manual methods and other similar protocols.
Current solutions are inadequate as they are prone to systemic challenges
If we do a comparison against various methods, we can see that a NFT based solution scores even better than traditional blockchain based transactions for hash-store of credentials.
Solution
The solution uses NFT based data management to create credentials on the blockchain. We anticipate following benefits via use of this technique.
As a MVP, we anticipate to build the following:
1 -
Accomplishment and Team
We are active in the fintech space with several awards and recognition in Web2 applications, neobanking, digital customer onboarding. In addition, we are active in the web3 lockchain space also, with several awards in DeFi, NFT categories across multiple hackathon. below is a snapshot for last few months:
