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Sujit Kumar
Oct 4, 2024
by Sujit Kumar

Cardano Adopts HyperLedger Identus for Decentralized Identity Solutions

Cardano Adopts HyperLedger Identus

Table of contents

  1. What is HyperLedger Identus?
  2. Cardano’s Continued Growth
The Cardano ecosystem is making significant strides in decentralized identity (DID) technology with the adoption of HyperLedger Identus. This shift, which began nearly ten months ago, promises to enhance the integration of decentralized identity solutions across various applications, providing improved privacy and security for users.

Applications Leveraging HyperLedger Identus

Charles Hoskinson, the founder of Cardano, recently highlighted the successful integration of Identus by the Input-Output (IO) Engineering team. Cardano products like Midnight and Lace will utilize Identus for their identity needs. Designed to simplify the complexities of decentralized identity, HyperLedger Identus supports Self-Sovereign Identity (SSI) and complies with the W3C Decentralized Identity specification.

What is HyperLedger Identus?

HyperLedger Identus is an open-source identity framework, written in Scala but supporting development in any programming language through its OpenAPI interface. It allows businesses to customize and scale decentralized identity solutions with ease. The recent launch of the Midnight testnet showcases the potential of this technology to maintain user privacy while running decentralized applications (dApps). Once the Midnight Protocol goes live on the mainnet, HyperLedger Identus will be instrumental in securing sensitive data.

Cardano’s Continued Growth

As Cardano celebrates its seventh anniversary, the blockchain has seen over 95.6 million transactions and the development of more than 1,000 projects. The recent announcement about HyperLedger Identus has had a positive impact, with Cardano’s ADA token seeing a 4% increase to $0.35. Hoskinson’s vision for leveraging DID technology aims to enhance security and reduce scams across platforms, positioning Cardano at the forefront of decentralized identity innovation.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
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Cardano Cardano Adopts HyperLedger Identus
Cardano Adopts HyperLedger Identus for Decentralized Identity Solutions
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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