Technology group THG has debuted IDTrust, a blockchain-powered self-sovereign identity platform operating on the Hedera network. The solution empowers users with full control over their personal data through enhanced privacy, security, and regulatory compliance frameworks.
Leveraging Hedera’s stateless proof mechanism, IDTrust significantly reduces network burden while outperforming traditional platforms like Ethereum and Polygon in privacy preservation. Notably, the platform requires no HBAR tokens or Hedera-native key schemes for identity management, ensuring broad accessibility.
IDTrust demonstrates alignment with Switzerland’s rigorous e-ID regulatory requirements and supports Swiss Verifiable Credentials, meeting global standards for digital identity verification. The platform further addresses enterprise and governmental needs by streamlining authentication processes while mitigating fraud risks.
This deployment represents a pivotal advancement toward decentralized trust models, providing organizations with secure infrastructure for user verification without compromising regulatory obligations.