THG’s IDTrust on Hedera Network May Offer Enhanced Data Control Over Competitors Like Microsoft Entra
Main Idea
THG’s IDTrust is a blockchain-based self-sovereign identity platform on the Hedera network, offering users full control over personal data with enhanced privacy, security, and regulatory compliance.
Key Points
1. IDTrust uses Hedera’s stateless proof mechanism to minimize network burden and enhance privacy, unlike platforms like Polygon or Ethereum.
2. The platform allows users to manage digital identities without requiring HBAR tokens or Hedera’s native key schemes, providing flexibility.
3. IDTrust aligns with Switzerland’s e-ID regulations and supports Swiss Verifiable Credentials, ensuring compliance with global digital identity standards.
4. The platform is designed for enterprises and governments, offering secure access and streamlined verification processes while reducing fraud.
5. IDTrust’s innovative approach highlights the shift toward decentralized trust models in digital identity management.
Description
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