The Sovrin Foundation’s custom distributed ledger for independent digital identities — known as Indy — has been accepted into The Linux Foundation’s Hyperledger incubation program, paving the way for a collaborative effort to improve blockchain technologies.
The cross-industry initiative, now known as Hyperledger Indy, aims to give people, organizations and things independent control over digital identities. The program also looks to serve businesses, providing solutions to digital identity in the enterprise.
The Hyperledger Indy code base allows for creation and management of decentralized, self-sovereign identities using distributed ledgers. Being in incubation under Hyperledger will also improve Indy’s cross-ledger identity management with other incubator projects, such as Fabric, Sawtooth, and Corda.
The Sovrin Foundation, a global nonprofit overseeing the world’s first self-sovereign identity network, hopes to attract more developers by having Indy incubated with Hyperledger. The ultimate goal is accelerated development, solving digital identity challenges for virtually any device, application or service on the internet.
Hyperledger is an effort to advance cross-industry blockchain technologies of all types, enabling decentralized authentication systems that can verify the authenticity of data. The global collaboration is hosted by The Linux Foundation and includes applications in finance, banking, the Internet of Things, supply chain, manufacturing and more.
“Identity done right is a critical need for the distributed ledger ecosystem and the world at large,” said Brian Behlendorf, executive director of Hyperledger. “With Hyperledger Indy, we are working to provide a digital identity utility that works for individuals, enterprises and connected things. We need identities that are secure, private, distributed, and interoperable across all our projects, and Hyperledger Indy is a force-multiplier for those efforts.”
By leveraging blockchain and embracing cross-industry applications, Hyperledger Indy is focused on making it easier to exchange and verify identity information securely and privately. It foresees Indy being deployed in both small and large operations, across ecosystems, and even for the internet as a whole, helping Sovrin drive its purpose of creating a global public utility for independent identity.
“With Hyperledger Indy, people and organizations around the globe can, for the first time, have their own permanent, self-sovereign digital identity that no one can take away, and begin to interact peer-to-peer with complete trust and privacy,” said Timothy Ruff, CEO of Evernym, which developed the original open source code base and helped launch the Sovrin Foundation as an international non-profit in 2016. “We’re excited that Indy will be part of Hyperledger, as it validates the fundamental premise of independent identity, facilitates interoperability, and helps accelerate global adoption.”
Timothy Ruff, chief executive officer of Evernym, the company that created and released Sovrin, will be appearing at One World Identity’s K(NO)W Identity Conference later this month. Ruff will be participating in a panel entitled “Identity on Blockchains.” Register now to attend!