The Hashgraph Group (THG) has introduced the IDTrust platform, a self-sovereign identity (SSI) solution built to support secure, user-controlled digital identity across industries. This platform is designed for individuals and institutions seeking a standards-based approach to digital credentials. It leverages decentralized identifiers (DIDs), verifiable credentials (VCs), and modular APIs to ensure compliance with emerging global identity frameworks. Unlike centralized identity systems, the IDTrust platform puts credential management directly into the hands of users, eliminating reliance on third-party custodians and reducing exposure to data misuse.
IDTrust integrates tightly with the Hedera Hashgraph public ledger and uses IPFS for decentralized credential storage. Hedera’s high throughput and low energy use make it a suitable base for identity applications requiring auditability and finality. In addition, THG has embedded agentic AI modules into the platform. These features support digital onboarding and verification tasks across sectors like finance, health, education, and telecommunications. With its modular architecture and industry-aligned interfaces, IDTrust presents a viable option for institutions transitioning to digital-first identity processes.
About The Hashgraph Group
The Hashgraph Group (THG) is a Swiss-based venture, engineering, and technology company dedicated to building open infrastructure within the Hedera ecosystem. It originated from the team behind Swirlds Labs, the firm that commercialized the Hashgraph consensus algorithm. Swirlds was founded by Dr. Leemon Baird and Mance Harmon, who co-invented the Hashgraph protocol and led the development of Hedera Hashgraph.
THG carries forward the same foundational values that shaped the early design of the Hashgraph network—security, fairness, performance, and governance. Its mission is to support a trusted digital future by enabling individuals and institutions to operate securely and transparently within decentralized environments. To that end, THG builds tools, frameworks, and digital platforms that adhere to global standards while emphasizing open innovation.
The group operates a global network of venture studios and product teams focused on applications in identity, finance, government, and supply chain. In addition to infrastructure development, THG contributes actively to industry standards and partners with nonprofit entities like the Hashgraph Association. Through these efforts, THG aims to expand digital trust frameworks that are open, scalable, and ready for real-world adoption.
$100M Web3 Innovation Fund in ADGM
— Will De Ath – Hedera – The Hashgraph Association (@BDeath75) December 17, 2024
The Hashgraph Group (THG) is making waves with a $100 million Web3 Venture Fund, kickstarted with $20 million from @The_Hashgraph Association (THA), launched in Abu Dhabi Global Market (ADGM).
Key Highlights:
Focus on emerging tech: AI,… pic.twitter.com/ywqlE8ifYg
Core Architecture: DIDs, Verifiable Credentials, and Agentic AI
The foundation of the IDTrust platform rests on decentralized identifiers and verifiable credentials, based on W3C standards. A DID acts as a unique identifier, controlled solely by the individual or entity that owns it. Each DID resolves to a DID Document, which contains cryptographic keys and service endpoints that allow secure communication and verification. The IDTrust platform supports credential issuance, storage, revocation, and presentation—tasks that institutions can integrate into their workflows using secure APIs.
Verifiable credentials represent digital versions of records such as driver’s licenses, health records, bank KYC data, academic degrees, and residency proofs. IDTrust allows these credentials to be issued and stored in an encrypted wallet, accessible only by the user. Institutions can verify credentials without directly accessing underlying personal data, which enhances compliance with privacy regulations like GDPR.
Agentic AI capabilities provide a layer of automation that streamlines interactions across this identity lifecycle. For instance, banks can use the platform to automate know-your-customer (KYC) procedures. Healthcare institutions may employ it to issue health certificates that patients present across systems. These workflows are customizable and reusable across domains.
Hedera Integration and Performance Advantages
IDTrust’s integration with Hedera offers key infrastructure benefits. Hedera’s consensus service provides verifiable timestamping and immutability without incurring high fees or latency. The network supports finality in seconds and offers fixed fees averaging $0.0001 per transaction. With over 70 billion transactions processed to date and consistent throughput exceeding 600 thousand transactions daily, Hedera is uniquely positioned to support scalable identity operations.
Additionally, the IDTrust platform uses decentralized storage protocols like IPFS to store credential metadata. This setup ensures that credentials remain verifiable and available even if an issuer’s infrastructure is offline. The Hashgraph Group has also designed IDTrust to work with OpenID standards, including OpenID4VCI (for credential issuance) and OpenID4VP (for presentation). These protocols support interoperability with existing identity ecosystems and upcoming national digital ID standards.
Modular SDKs and Project Hiero Open Source Release
A major element of this launch is the open-sourcing of the platform’s SDKs through the Linux Foundation’s Project Hiero. The Hashgraph Group has released four major SDKs: the DID SDK, Issuer SDK, Verifier SDK, and Identity Client SDK. These SDKs offer the building blocks for developers and enterprises to build, issue, verify, and manage decentralized identity credentials.
Open-source licensing under Project Hiero ensures that any organization can adopt and extend the platform. This decision also supports regulatory transparency, encourages collaboration, and accelerates the development of cross-platform digital identity tools. Developers can now create mobile wallets, issue credentials from legacy systems, or verify digital IDs across borders using a standardized toolset.
The SDKs follow modular principles, allowing developers to integrate only the components they need. For example, a university might implement only the issuer module to grant digital diplomas, while a telecom provider might integrate the verifier SDK to simplify SIM registration workflows.
Why Self-Sovereign Identity Matters in the Crypto Ecosystem
Self-sovereign identity plays a critical role in the evolution of blockchain-based applications. As DeFi, DAOs, and tokenized assets continue to expand, verifying identity without compromising privacy has become essential. Traditional identity systems cannot meet the trustless, borderless nature of decentralized networks.
SSI enables users to control their credentials while proving ownership, eligibility, or compliance across protocols. For example, DAOs can use verifiable credentials to gate governance participation without storing sensitive user data. DeFi platforms can reduce regulatory risk by verifying KYC requirements without relying on centralized databases.
As on-chain activity grows more complex, identity verification must adapt. SSI bridges that gap—preserving decentralization while enabling trusted interactions across blockchain ecosystems.
Use Cases: From Banking to Education and Beyond
The IDTrust platform is engineered to serve multiple industries, each with unique identity requirements. In banking, it facilitates faster and more secure onboarding by enabling clients to share pre-verified credentials with financial institutions. Telecom companies can use IDTrust to streamline mobile subscription validation by verifying residency documents and identification credentials issued through the platform.
In education, IDTrust supports the issuance and verification of degrees and academic certifications. Universities can issue digital diplomas that students store and share through their IDWallets. Employers and credential verifiers can instantly validate these documents without contacting the institution directly.
Healthcare providers can use IDTrust to issue patient health records, such as vaccine certificates or test results. These credentials remain under user control but verifiable by clinics, employers, or border officials through DID and VC standards. The system also supports integration with product passports, event tickets, and cross-border digital travel credentials.
Long-Term Implications for Digital Identity Infrastructure
The IDTrust platform signals a shift in how governments, businesses, and individuals manage digital identity. Its standards-based framework, decentralized architecture, and open-source SDKs offer a foundation that supports both national programs and enterprise deployments.
As demand grows for privacy-preserving and interoperable digital credentials, platforms like IDTrust will play a central role in powering identity services across public and private sectors. Governments gain infrastructure that meets compliance and privacy goals. Institutions gain tools for secure credential issuance and verification. Individuals gain full control over how their identity data is used.
By aligning with open standards and integrating AI and verifiable credentials, IDTrust strengthens the path toward scalable, secure digital identity systems designed for real-world use.
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