Blockchain
Company
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● IT’S NOT ABOUT IDEAS, IT’S ABOUT MAKING IDEAS HAPPEN ● IT’S NOT ABOUT IDEAS, IT’S ABOUT MAKING IDEAS HAPPEN ● IT’S NOT ABOUT IDEAS, IT’S ABOUT MAKING IDEAS HAPPEN ● IT’S NOT ABOUT IDEAS, IT’S ABOUT MAKING IDEAS HAPPEN ● IT’S NOT ABOUT IDEAS, IT’S ABOUT MAKING IDEAS HAPPEN ●
Atala Prism
Provides the infrastructure for verifying credentials in a more secure, reliable and convenient way, enabling businesses to instantly verify digital records.
- ● Decentralized Identity
- ● Layer 2 Technology
- ● Digital Credentials
Problem to solve
Credentials issuance and verification can be cumbersome for businesses and institutions, and clunky for their customers. Often it is centralized and under the control of certain agencies and organizations, some of which use archaic, paper-based management solutions. This is costly, inefficient, insecure and unsustainable.
About the solution
Atala PRISM provides the infrastructure for verifying credentials in a more secure, reliable and convenient way, enabling businesses to instantly verify digital records without the need for third party agencies. Atala PRISM is lightweight, secure, and regulatory compliant by design. It builds customer trust and confidence by enabling them to manage and control how their data is used.
Challenge →
Building a web and mobile frontend that interacts with Cardano's blockchain. Utilizing DID’s (Decentralized identifiers), the platform stores digital certificates as metadata attached to messages that are signed from well known Credential Issuers.
Why Blockchain?
Traditional centralized digital identity systems pose a number of risks such as identity theft, data breaches, data harvesting, and fragmentation. Atala PRISM overcomes these problems by giving more control to individuals and institutions, rather than relying on one single entity. Decentralized identity enables a more trusted, secure and private way of sharing identity and personal information.
