Cardano Foundation Unveils Veridian Platform and Wallet to Reinvent Digital Identity Protection
The Cardano Foundation has launched Veridian, a new open-source platform designed to empower users and organizations with greater control over their digital identities, according to a press release issued Friday.
Accompanying the platform is the Veridian Wallet, a privacy-focused application that helps individuals securely manage and verify their identity online—without having to hand over sensitive personal data.
The launch comes at a critical moment, as the need for secure digital identity verification is becoming more urgent—and more vulnerable—across sectors like healthcare, finance, logistics, and education. With the growing adoption of smart devices and AI, traditional identity systems are struggling to keep up, exposing users to increasing risks.
“Identity verification is the foundation of trust across many industries, from finance to education,” said Thomas A. Mayfield, Head of Decentralized Trust and Identity Solutions at the Cardano Foundation. “Yet many current systems lack sufficient security and user control, which has led to repeated breaches. In the U.S. alone, over 1.7 billion records were compromised last year.”
Veridian flips the current model by enabling users to maintain control over their credentials, using decentralized, interoperable tools that verify legitimacy without relying on centralized intermediaries.
The system also integrates with the Cardano blockchain for additional transparency and trust. The Veridian Wallet serves as the key interface, offering users a secure way to store and share their credentials right from their mobile devices.
Designed with both individuals and enterprises in mind, the wallet is also customizable, giving businesses the flexibility to tailor it to their operational needs.
