Cardano’s Prism Turns into Hyperledger Identus: A Decentralized Identification Framework

• Cardano’s Prism has transitioned into Hyperledger Identus, an open-source framework for decentralized identification functions.
• IO Engineering and group builders keep Identus, which helps merchandise like Midnight, RealFi, and Lace.
• Charles Hoskinson stresses that identification ought to improve merchandise, not flip customers right into a product themselves.

Cardano founder Charles Hoskinson introduced that Prism has develop into Hyperledger Identus, a decentralized identification framework. Hoskinson highlighted the significance of self-sovereign identification (SSI), the place customers management their very own identification with out being commodified by centralized entities.

Hyperledger Identus is an open-source identification framework beneath the Apache2 license. Cardano’s analysis wing, IO Engineering, is growing this identification framework with group contributions. It varieties the spine for key Cardano merchandise like Midnight, RealFi, and Lace, which use it for his or her identification wants. Hoskinson mentioned identification ought to enhance the consumer expertise with out turning people into the product.

Hoskinson’s remark aligns with Cardano’s emphasis on decentralization. Frameworks like Identus are essential for blockchain initiatives as a result of they permit customers to take care of management over their private knowledge, guaranteeing privateness with out compromising product performance.

Hyperledger Identus Powers Midnight’s Testnet Launch

Midnight, one of many merchandise constructed on Cardano that leverages Hyperledger Identus, has launched its public testnet.

Being a Cardano sidechain, Midnight combines knowledge privateness together with blockchain transparency. It makes use of zero-knowledge cryptography to guard delicate knowledge whereas guaranteeing regulatory compliance. The sidechain, designed to deal with privateness issues in decentralized functions (dApps), additionally ensures regulatory compliance via zero-knowledge cryptography.

Mixed with Hyperledger Identus, Midnight can play a vital position in Cardano’s ecosystem, offering important identification administration companies. Relating to the launch, Hoskinson praised the event staff, encouraging the group to acknowledge their efforts.

“It’s value giving some love their approach.”

That mentioned, Cardano’s deal with decentralized identification, powered by Hyperledger Identus, is a step towards reshaping how identification works within the digital age and creating safe and privacy-preserving decentralized functions.

With merchandise like Midnight and RealFi already using this framework, the imaginative and prescient for self-sovereign identification is turning into a actuality, guaranteeing that identification stays within the palms of customers, not firms.