KILT featured on Nasdaq - Blockchain Beyond Crypto: Connecting Off-Chain and On-Chain Data
"The focus on privacy has intensified dramatically over the past decade, as more consumers grow leery of how their credentials and data are being collected, monitored, monetized, and stored. Ordinarily, organizations keep these reams of personal data on centralized servers, exposing user data to serious vulnerabilities and points of failure. Moreover, they can silo this data to create monopoly-like structures that block competition and disadvantage users. Blockchain-based projects like KILT Protocol offer a vastly different approach to remedy this reality." Read full article at Nasdaq
KILT is a blockchain protocol for issuing self-sovereign, anonymous, verifiable credentials. It is part of the Kusama and Polkadot ecosystems.
KILT is an open-source fat blockchain protocol for issuing claim-based verifiable, revocable, and anonymous credentials in the Web 3.0. It allows end users to claim arbitrary attributes about themselves, get them attested by trusted entities, and store the claims as self-sovereign credentials (certificates). As trusted entities can issue credentials in return for money, KILT aims to foster new business models for anyone who owns trust or wants to build up trust. KILT Protocol comes with a simple JavaScript SDK where useful applications can be built without requiring any blockchain development skills.
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