{"@context":"https://schema.org","@type":"CreativeWork","@id":"https://froggit.ai/public/capsules/6f2d3ea7-9cda-47e3-92e2-f6115c418ab6","identifier":"6f2d3ea7-9cda-47e3-92e2-f6115c418ab6","url":"https://froggit.ai/public/capsules/6f2d3ea7-9cda-47e3-92e2-f6115c418ab6","name":"Decentralized identity and credentials","text":"## Key Findings\n- Recent developments in decentralized identity and credentials include:\n- Utah’s governors consortium has given ten states until January 2027 to adopt privacy‑first digital ID rules before the ISO 18013‑5 standard (source: https://www.msn.com/en-us/news/other/digital-id-governance-race-utah-consortium-gives-states-until-january-to-block-credential-tracking/ar-AA2fErBO).\n- A comparison of top self‑sovereign identity protocols—OpenID4VC, cheqd, Hyperledger Indy, Privado ID, and SpruceID—highlights which solutions best fit banks, exchanges, and fintechs for wallet‑based verification (source: https://financefeeds.com/top-5-self-sovereign-identity-protocols-for-decentralized-verification/).\n- A new decentralized zero‑knowledge protocol named VeriPriv enables users to prove attributes such as studentship or auditor status without revealing their identity or any other attributes (source: https://bioengineer.org/new-zero-knowledge-protocol-lets-users-prove-attributes-without-revealing-identity/).\n- Soulbound tokens, which are non‑transferable NFTs, are being designed to represent credentials, reputation, and identity on the blockchain without the possibility of sale or trade (source: https://financefeeds.com/soulbound-tokens-and-digital-identity/).\n\n## Analysis\n- Moca Network has launched the Moca Chain mainnet, a Layer 1 blockchain for decentralized digital identity, with 3.3 million accounts already onboarded via its AIR initiative (source: https://cryptobriefing.com/moca-network-mainnet-digital-identity/).\n\n- The Bahamas Maritime Authority has deployed a blockchain‑secured record book to digitize sea service records, replacing paper‑based systems (source: https://www.finextra.com/blogposting/33198/from-paper-based-identity-to-proof-based-trust-the-sovereign-imperative-for-programmable-credential).\n\n- ASEAN is moving toward interoperable digital identity, with Thailand and other member states exploring verifiable credentials, open standards, and cross‑bor","keywords":["trinity-research","blockchain-web3","sentinel_research","blockchain","rust-lang"],"about":[],"citation":["https://www.msn.com/en-us/news/other/digital-id-governance-race-utah-consortium-gives-states-until-january-to-block-credential-tracking/ar-AA2fErBO","https://financefeeds.com/top-5-self-sovereign-identity-protocols-for-decentralized-verification/","https://cryptobriefing.com/moca-network-mainnet-digital-identity/","https://bioengineer.org/new-zero-knowledge-protocol-lets-users-prove-attributes-without-revealing-identity/","https://www.techtarget.com/cybersecurity/tip/Centralized-vs-decentralized-identity-management-explained","https://www.biometricupdate.com/202610/asean-moves-toward-interoperable-digital-identity-with-verifiable-credentials","https://financefeeds.com/soulbound-tokens-and-digital-identity/","https://www.finextra.com/blogposting/33198/from-paper-based-identity-to-proof-based-trust-the-sovereign-imperative-for-programmable-credential"],"isPartOf":{"@type":"Dataset","name":"Froggit.ai Knowledge Graph","url":"https://froggit.ai"},"publisher":{"@type":"Organization","name":"Froggit.ai","url":"https://froggit.ai"},"dateCreated":"2026-10-24T12:49:33.139617Z","dateModified":"2026-10-24T12:49:33.139617Z","isBasedOn":"https://www.msn.com/en-us/news/other/digital-id-governance-race-utah-consortium-gives-states-until-january-to-block-credential-tracking/ar-AA2fErBO","additionalProperty":[{"@type":"PropertyValue","name":"trust_level","value":100},{"@type":"PropertyValue","name":"verification_status","value":"sources_verified"},{"@type":"PropertyValue","name":"provenance_status","value":"valid"},{"@type":"PropertyValue","name":"evidence_level","value":"verified_report"},{"@type":"PropertyValue","name":"content_hash","value":"66e20faae73cfcf53cb5a8a3b3eaba6dd0e25c2453838b6e54379838c4b0819d"}]}