Which blockchain platform is known fir its focus on providing solutions for identity verification
Which blockchain platform is known for its focus on providing solutions for identity verification
Answer:
One of the prominent blockchain platforms known for its focus on providing solutions for identity verification is Sovrin. Sovrin is a decentralized, global public utility for self-sovereign identity. It is built on a permissioned distributed ledger technology, which enables individuals and organizations to create and use portable, privacy-enhancing, and cryptographically secure digital identities. Sovrin aims to tackle issues related to digital identity, such as privacy, security, usability, and interoperability. By using Sovrin, users can control their digital identities and selectively share personal information with trusted parties without the need for a centralized authority. This platform offers a reliable solution for identity verification in various industries and applications, promoting trust, security, and user control over personal data in the digital world.