![]() “Decentralized identity standards can help address this problem as we build new apps, like financial services on blockchains, in the next era of the internet.” But we’ve lacked a similarly open, global, standard way to safely identify ourselves, control our own identity data, and establish trust between each other on the web,“ said Sean Neville, cofounder of Circle and a lead architect of Verite, Centre and USD Coin (USDC). “The web’s early superpower was enabling everybody to connect and engage with content using standard protocols that everyone can use and no one can own. Verite unites several identity standards to enable scalable, reliable, privacy-preserving ways to leverage identity and provide trust. Verite is designed to give people and organizations direct control over how, when and where their personal information is shared when doing business in the crypto economy.Ĭentre, in collaboration with Circle and Coinbase, developed Verite as an open, shared set of protocols that can be easily integrated into the world’s leading blockchains, crypto wallets, web apps, mobile apps and smart contracts. ![]() In this context, we are glad to be part of the Verite Distributed ID standards.” – Mung Ki Woo, VP Trust Services, Ledger Centre Announces Verite – A Decentralized Identity Solution for Crypto FinanceĬircle, Coinbase and Centre Will Collaborate on Identity Standards to Promote Mainstream Adoption of Crypto Payments and Decentralized FinanceĬentre – a consortium founded by Circle Internet Financial, LLC, and Coinbase to serve as a standard setting body for blockchain-based financial services – announced Verite, a decentralized model for identity credential issuance, custody and verification. We strongly believe that open standards are a key enabler for the development and scaling of new digital identity services around the globe. In the future, we will also protect the individuals using digital assets, focused on their digital identities and more. Today, we are the world’s most secure way to protect your digital assets from hackers and scammers. ![]() We have started developing secure services to complement our world-class Ledger hardware devices. ![]() “As the Web3 ecosystem develops, Ledger is looking to provide more utility to its users. ![]()
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