Features of Hyperledger Indy
- Decentralized Identity Management: With the aid of Indy, people, and organizations can independently and decentralized manage their digital identities.
- Privacy-Preserving: Indy uses cryptographic algorithms and blockchain technology to protect the privacy of identity information and ensure secure data sharing.
- Interoperability: Indy is designed to be interoperable with other blockchain networks and identity management systems, enabling seamless integration and data exchange.
- Scalability: Indy’s architecture is designed to scale to meet the demands of large-scale identity management systems.
- Modular: Indy provides a modular architecture, allowing developers to choose the components and tools that best meet their needs.
- Open-Source: Indy is an open-source platform, with a growing community of developers and users who contribute to its development and evolution.
- Zero-knowledge proofs: With the help of zero-knowledge proof one can disclose only the information needed without anything else to prove credentials.
- Peer-to-peer connection: In Hyperledger Indy, any communication would happen between two peers.
- Identity correlation-resistant: Hyperledger Indy is identity correlation-resistant which means that there is no way for the platform to connect two IDs or have two similar identifications in the ledger.
- Self-sovereignty: Hyperledger Indy stores identities like cryptographic accumulators, public keys, proof of existence, etc on the distributed ledger.
Hyperledger Indy in Blockchain
In order to provide self-sovereign identification, the Hyperledger foundation created the Hyperledger Indy blockchain network. This network was created specifically for decentralized digital identity management. The platform offers several reusable components that are used to build digital identities for entities, along with tools and libraries. Users can use these IDs in any other application because Hyperledger keeps them on its openly accessible distributed ledger.
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