Indicio launches blockchain-enabled network for identity
Professionally-staffed MainNet supports mission-critical, enterprise-grade decentralized identity market solutions
Technology provider Indicio.tech, a public benefit corporation advancing decentralized identity software and solutions, today announced the public availability of the Indicio MainNet, a professionally-staffed decentralized identity network designed for global enterprises that need a reliable platform to develop and scale identity services and products. The development of the Hyperledger Indy-based network follows on the successful deployment of the Indicio TestNet, a market leader in decentralized identity networks.
The Indicio MainNet uses distributed ledger technology—multiple identical databases spread across different nodes—to enable the use of privacy-preserving verifiable digital credentials. This provides the foundation for flexible, portable, and permanent digital identities that are always under the control of the identity holder—the individual—and which provide an evolutionary leap forward in security.
“Our clients asked for a stable, fully-staffed network based on Hyperledger Indy— one that could provide the Service Level Agreements their customers need for mission-critical workloads,” said Heather Dahl, CEO of Indicio. “Today, we are excited to announce that this MainNet is open for business.”
“This is the network we need to accelerate adoption of passwordless zero trust ecosystems for enterprise customers” said Mike Vesey, President of IdRamp, a leader in decentralized identity and a Genesis Node Operator on the Network. “Our customers are developing service delivery ecosystems that require world class support, and leading edge features managed by a team with deep technical experience. The Indicio network provides exactly that.”
“The Indicio Network enables GlobaliD to deliver a digital identity platform that puts you in control of your identity and your data,” says Mitja Simcic, CTO of GlobaliD, one of the first companies to use Indicio’s MainNet. “Most digital identity platforms take ownership and control of your digital identity and your data for their own purposes. For instance, social media companies make money from selling your data to unauthorized third parties. Indicio is creating an ecosystem for providers that are working to make this practice obsolete. This network is bringing real change to real people, all over the world.”
The Value of Decentralized Identity
Decentralized identity allows individuals to control their own data and solves the privacy and security issues that undermine current models for handling identity online. This privacy-preserving model for identity, where everyone controls their own information, makes it easy for companies and organizations to comply with data privacy laws, makes business partner integrations more secure, and does away with the need for third-parties to manage and hold personally identifiable information (PII).
It is important to note that as part of Indicio’s governance, no personal data, such as names, addresses, or birth dates, are written to any of the Indicio Network ledgers. Instead, machine-readable cryptographic information identifies the issuer of the credential and the details that demonstrate the credential is authentic. With just a few writes to the Indicio MainNet, millions of credentials can be issued, all pointing to the same few ledger writes making the system easily scalable.
How to use the Indicio MainNet
Anyone using technology to verify a verifiable credential that is presented to them may access the Indicio MainNet for free. Several wallets currently in production now point to the Indicio Network, enabling credentials to be issued on, and read from, the Indicio Network.
Global innovators interested in becoming part of the Indicio Network are welcome to become an Indicio Node Operator. This diverse, supportive, and collaborative network of dynamic companies, work together to support a copy of the ledger while helping to advance decentralized identity. Learn more about the other benefits of becoming a Node Operator.
Finally, those that want to use the publicly available ledger as a platform for an identity solution may write directly to the Indicio Network. Go here to learn more about how you can write to the Indicio Network today!
As part of our commitment to advancing decentralized identity, Indicio is committed to being a resource hub by providing enterprise-grade open source tools so that everyone can start building solutions today. In addition to the public MainNet, Indicio offers a TestNet, and builds Private Networks. Indicio’s customizable, instructor-led training programs are an excellent introduction to understanding how decentralized identity works, and scale to all levels of expertise.
A note on environmental impact
As a public benefit corporation, Indicio takes environmental impact seriously. The use of a distributed ledger in decentralized identity does not involve “proof of work” or mining, both of which entail substantial energy costs. Instead, with the optimal network size being 25 or fewer nodes, writing to the Indicio MainNet is energy comparable to logging into a website or sending a form. Much of the activity in a decentralized identity ecosystem takes place off ledger. This all makes decentralized identity a low-energy consumption practice.
Indicio.tech provides technology development services for decentralized identity, and offers a complete software ecosystem for business, consumer, and mobile applications to issue, verify, and exchange verifiable digital credentials. Founded on the belief in privacy and security by design, Indicio supports the open source and interoperability goals of the decentralized identity community.
As a Public Benefit Corporation, Indicio is committed to advancing decentralized identity as a public good that enables people to control their identities online and share their data by consent. Identity and application teams rely on Indicio’s simplicity, extensibility, and expertise to make identity work for everyone.