As digital trust becomes a key concern in online interactions, the IOTA Foundation introduces IOTA Identity—an Alpha-stage framework for decentralized identity management. Built on W3C DID standards and integrated with IOTA’s MoveVM, it enables secure, privacy-preserving data exchanges with cryptographic proof. Verifiable credentials (VCs) are stored off-chain, giving individuals and organizations full control over sensitive information while retaining on-chain integrity for auditability and authenticity.
Self-Sovereign Identity on a Tangle: Combines immutability of IOTA’s distributed ledger with flexible, private credential handling using off-chain Vcs.
Cross-Sector Applications: Targets use cases in supply chain, finance, healthcare, IoT, and public services where identity assurance and data integrity are mission-critical.
Now it is a good time to invest in pilot programs or partnerships to explore blockchain-based identity verification, setting the stage for long-term privacy leadership and regulatory alignment.
Read more at: blog.iota.org
2025-03-18