KILT Protocol
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KILT Protocol

https://www.kilt.io/
Last activity: 23.04.2024
Categories: BlockchainDataEnterpriseFinTechGamingInformationMediaMusicServiceSocial
KILT Protocol is a decentralized blockchain identity protocol for issuing self-sovereign, anonymous and verifiable credentials. The protocol enables innovative business models around identity, addressing the need for reliable and verifiable identity solutions in the digital world. KILT brings the traditional process of trust in real-world credentials (passport, driving license, certificates, etc.) to the digital world, representing identity while keeping data private and in the possession of its owner. KILT allows users to claim multiple attributes about themselves, have them attested by trusted entities, and store these claims as self-sovereign digital credentials that can be shown to others when needed. The data remains with its owner, with only a hash of the credential stored on the blockchain. How is KILT Used? For enterprises and entrepreneurs, KILT created an open-source software development kit (SDK) for building applications to create credentials and offer a service issuing and verifying credentials. This is built using JavaScript, so it requires no previous blockchain experience. KILT also powers Social KYC, a decentralized identity verification service that aims to allow users to regain control over their digital identity. For example, SocialKYC verifies an identity by proving the user has control of their social accounts (LinkedIn, Twitter, TikTok, Discord, Github, etc.) as well as their email address, phone number, etc. Unlike Web 2.0 sign-in processes, SocialKYC forgets about the user and the credential as soon as the credential is issued. Personal data is not stored, siloed or shared. SocialKYC will enable users to select which elements of their private information are accessed by online services.
Website visits
12.6K /mo.
Mentions
10
Location: Germany, Berlin
Employees: 11-50
Founded date: 2018

Investors 6

Mentions in press and media 10

DateTitleDescriptionSource
23.04.2024Blockchain focused KILT Announces Completion of Milestones o...The KILT team has completed all milestones of the Polkadot Treasury Grant for developing the Decentr...crowdfundi...
20.04.2022There’s a Need for Decentralized IDs and Digital Verificatio...There is no denying that issues related to cybercrime are on the rise globally. The problem of ident...techstartu...
22.02.2022What Is KYC and What Does It Mean for Decentralization?KYC or “Know Your Customer” is standard practice while opening an account with a bank or exchange, p...techstartu...
27.12.2021Decentralization Will Change The Way You Have Been Using Tec...David Thompson, Tech Times 27 December 2021, 11:12 am (Photo : Firmbee from Pixabay) When it comes t...techtimes....
30.08.2021Blockchain Projects Competing For Limited Spots on This Mult...August 30, 2021 5 min read This story originally appeared on ValueWalk Following the successful comp...entreprene...
25.05.2021Three Promising Polkadot Crowdloan Projects To WatchMay 25, 2021 4 min read This story originally appeared on ValueWalk In a world of hundreds of produc...entreprene...
19.05.2021KILT Protocol Introduces Decentralized Identity Verification...KILT Protocol today announced SocialKYC, a decentralized identity verification service for regaining...techstartu...
19.05.2021KILT Protocol Releases Ground-Breaking Identification Tool S...Contents SocialKYC will transform decentralized identity managementFirst partners on board: Polkadex...u.today/ki...
16.09.2020Polkadot Projects Will Be Able to Mint Their Own Tokens in 2...A token minting system is coming to the Polkadot blockchain ecosystem, promising to be a leaner, mea...coindesk.c...
23.08.2019Web3's Gavin Wood Launches Kusama Network to Test Polkadot P...Developers will soon be able to test applications on a live version of blockchain interoperability p...coindesk.c...

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