The platform is similar in functionality to Sam Altman’s World protocol

Cardano Foundation launches the Veridian digital identity platform

03.04.2025 - 16:05

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2 min

What’s new? Cardano Foundation, a non-profit organization created to support the blockchain of the same name, has launched Veridian, an open-source digital identity platform. The platform, designed for individuals and organizations, uses the Key Event Receipt Infrastructure (KERI) and Authentic Chained Data Container (ACDC) protocols to verify identity and authenticate online interactions.

The Block

What else is known? The team also introduced Veridian Wallet, which will allow users to manage their credentials, private keys, and identifiers.

“We believe your identity should be yours alone — secure, authentic and under your control, With Veridian it is now possible to build quantum resistant, globally interoperable, enterprise-grade solutions for individuals and organizations,” Thomas A. Mayfield, head of decentralized trust and identity solutions at the Cardano Foundation, said.

Veridian competes with other blockchain-based digital identity projects such as Sam Altman’s World and Humanity Protocol. Both platforms collect a person’s biometric data to verify identity.

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The native token of the Cardano (ADA) blockchain ranks ninth in the overall ranking of cryptocurrencies by market capitalization at $22,4 billion and is trading at $0,6231, having lost 10% overnight. The weekly drop amounted to 16%.

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