KILT Protocol (KILT)
In this module, we will focus on KILT Protocol (KILT) and its role in building verifiable credentials for trustless identity. We will explore KILT's approach to enabling selective disclosure of identity attributes and how it enhances privacy and security. Understanding the advantages of KILT's system for identity verification, we will discuss its potential applications in various industries. By the end of this module, you will have insights into KILT Protocol's contributions to decentralized identity solutions and the potential impact on user-controlled data sharing.
KILT Protocol is a blockchain-based platform that provides a decentralized identity protocol. It is designed to serve as a bridge between traditional institutions and blockchain-based applications, offering secure and practical identity solutions for both enterprises and consumers.
KILT Protocol’s approach to implementing verifiable credentials is based on the concept of decentralized identifiers (DIDs). A DID is a string of numbers and letters that serves as a unique digital fingerprint and forms the core of a user’s identity. With KILT, users can build their identities in a secure way, keeping their data under their control.
The platform enables the issuance of reusable digital credentials to support Know Your Customer (KYC) and Know Your Business (KYB) processes. These credentials have multiple use cases, including regulatory compliance for banking and DeFi, and age verification for e-commerce.
KILT Protocol’s identity solutions are designed to be secure, practical, and privacy-preserving. The platform does not store user data, ensuring that users have full control over their personal information.
The platform also provides a range of services to support its decentralized identity protocol. These include the Sporran Wallet, which allows users to create and control their digital identities, and SocialKYC, an identity service for proving control of email addresses and social media accounts.
KILT Protocol also offers DIDsign, a decentralized way to sign and timestamp any digital file directly in the browser. This service ensures the integrity and authenticity of digital files, enhancing the security of digital transactions.
Main Features
KILT Protocol is a decentralized and anonymous protocol for maintaining personal data and credentials. It is built on the Substrate framework, enabling any parachains and their users on Polkadot to securely manage their personal data and credentials.
Decentralized Identifiers (DIDs)
KILT Protocol uses DIDs as a unique digital identifier for users. These DIDs form the core of a user’s identity and are used to manage personal data and credentials securely.
Verifiable Credentials
KILT Protocol enables organizations to issue and verify credentials on the blockchain for increased security and transparency. These credentials can be used for various purposes, including regulatory compliance for banking and DeFi, and age verification for e-commerce.
AssetDIDs
AssetDID is a unique digital identifier that can be used for NFTs. AssetDIDs ensure authenticity across multiple chains and prevent counterfeits. They can also be used for physical goods such as branded products or even for physical property such as houses.
Sporran Wallet
The Sporran Wallet is a Web 3.0 wallet that allows users to securely store and manage private information like secret keys for KILT DIDs and credentials. It is the first wallet to support the KILT protocol, enabling users to easily access and interact with Web 3.0 resources.
Web3name
Web3names are user-friendly aliases for KILT DIDs. They serve a similar purpose to domain names for IP addresses. There is a one-to-one relationship between DIDs and web3names, meaning that a KILT DID can only be linked to one web3name and a web3name can only be claimed by one DID.
KILT empowering users to control their identity data
KILT Protocol is a blockchain-based platform that provides a decentralized identity protocol. It is designed to bring real-world trust to digital identity, empowering users to control their identity data and share it securely.
At the core of a user’s digital identity on KILT is the Decentralized Identifier (DID), which serves as a unique digital fingerprint. This DID forms the basis of a user’s identity and is used to manage personal data and credentials securely.
Verifiable credentials are digital certificates that prove aspects of a user’s identity, such as qualifications, social media accounts, or identity cards. As users add credentials to their DID, their digital identity grows. This allows users to build a comprehensive and verifiable digital identity that they can control.
An AssetDID is a new type of identifier introduced by KILT to ensure authenticity across multiple blockchains, reducing the risk of counterfeit digital assets. This identifier can also be used with physical assets, further expanding the scope of a user’s digital identity.
KILT empowers users to control their identity data by allowing them to select only the personal information they want to share. This ensures that users have full control over their personal information and can decide how it’s being used. This approach aligns with the principles of user sovereignty and privacy that underpin decentralized identity protocols.
Highlights
- KILT Protocol is a blockchain-based platform that provides a decentralized identity protocol, serving as a bridge between traditional institutions and blockchain-based applications.
- At the core of a user’s digital identity on KILT is the Decentralized Identifier (DID), which serves as a unique digital fingerprint.
- Verifiable credentials are digital certificates that prove aspects of a user’s identity, such as qualifications, social media accounts, or identity cards. As users add credentials to their DID, their digital identity grows.
- An AssetDID is a new type of identifier introduced by KILT to ensure authenticity across multiple blockchains, reducing the risk of counterfeit digital assets. This identifier can also be used with physical assets.
- KILT empowers users to control their identity data by allowing them to select only the personal information they want to share. This ensures that users have full control over their personal information and can decide how it’s being used.
- KILT Protocol’s approach to user-controlled identity applications likely involves giving users control over their own identities, aligning with the principles of decentralization and user sovereignty that underpin Web3.
- KILT Protocol continues to expand its ecosystem, with ongoing developments and partnerships aimed at enhancing its offerings and reaching more users.
Lección 1:Introduction to Identity Tokens in Crypto
Lección 2:The Importance of Identity in Crypto
Lección 3:Worldcoin (WLD)
Lección 4:Civic (CVC)
Lección 5:Galxe (GAL)
Lección 6:Metadium (META)
Lección 7:KILT Protocol (KILT)
Lección 8:SelfKey (KEY)
Lección 9:Final Considerations on Identity Tokens
KILT Protocol (KILT)
In this module, we will focus on KILT Protocol (KILT) and its role in building verifiable credentials for trustless identity. We will explore KILT's approach to enabling selective disclosure of identity attributes and how it enhances privacy and security. Understanding the advantages of KILT's system for identity verification, we will discuss its potential applications in various industries. By the end of this module, you will have insights into KILT Protocol's contributions to decentralized identity solutions and the potential impact on user-controlled data sharing.
KILT Protocol is a blockchain-based platform that provides a decentralized identity protocol. It is designed to serve as a bridge between traditional institutions and blockchain-based applications, offering secure and practical identity solutions for both enterprises and consumers.
KILT Protocol’s approach to implementing verifiable credentials is based on the concept of decentralized identifiers (DIDs). A DID is a string of numbers and letters that serves as a unique digital fingerprint and forms the core of a user’s identity. With KILT, users can build their identities in a secure way, keeping their data under their control.
The platform enables the issuance of reusable digital credentials to support Know Your Customer (KYC) and Know Your Business (KYB) processes. These credentials have multiple use cases, including regulatory compliance for banking and DeFi, and age verification for e-commerce.
KILT Protocol’s identity solutions are designed to be secure, practical, and privacy-preserving. The platform does not store user data, ensuring that users have full control over their personal information.
The platform also provides a range of services to support its decentralized identity protocol. These include the Sporran Wallet, which allows users to create and control their digital identities, and SocialKYC, an identity service for proving control of email addresses and social media accounts.
KILT Protocol also offers DIDsign, a decentralized way to sign and timestamp any digital file directly in the browser. This service ensures the integrity and authenticity of digital files, enhancing the security of digital transactions.
Main Features
KILT Protocol is a decentralized and anonymous protocol for maintaining personal data and credentials. It is built on the Substrate framework, enabling any parachains and their users on Polkadot to securely manage their personal data and credentials.
Decentralized Identifiers (DIDs)
KILT Protocol uses DIDs as a unique digital identifier for users. These DIDs form the core of a user’s identity and are used to manage personal data and credentials securely.
Verifiable Credentials
KILT Protocol enables organizations to issue and verify credentials on the blockchain for increased security and transparency. These credentials can be used for various purposes, including regulatory compliance for banking and DeFi, and age verification for e-commerce.
AssetDIDs
AssetDID is a unique digital identifier that can be used for NFTs. AssetDIDs ensure authenticity across multiple chains and prevent counterfeits. They can also be used for physical goods such as branded products or even for physical property such as houses.
Sporran Wallet
The Sporran Wallet is a Web 3.0 wallet that allows users to securely store and manage private information like secret keys for KILT DIDs and credentials. It is the first wallet to support the KILT protocol, enabling users to easily access and interact with Web 3.0 resources.
Web3name
Web3names are user-friendly aliases for KILT DIDs. They serve a similar purpose to domain names for IP addresses. There is a one-to-one relationship between DIDs and web3names, meaning that a KILT DID can only be linked to one web3name and a web3name can only be claimed by one DID.
KILT empowering users to control their identity data
KILT Protocol is a blockchain-based platform that provides a decentralized identity protocol. It is designed to bring real-world trust to digital identity, empowering users to control their identity data and share it securely.
At the core of a user’s digital identity on KILT is the Decentralized Identifier (DID), which serves as a unique digital fingerprint. This DID forms the basis of a user’s identity and is used to manage personal data and credentials securely.
Verifiable credentials are digital certificates that prove aspects of a user’s identity, such as qualifications, social media accounts, or identity cards. As users add credentials to their DID, their digital identity grows. This allows users to build a comprehensive and verifiable digital identity that they can control.
An AssetDID is a new type of identifier introduced by KILT to ensure authenticity across multiple blockchains, reducing the risk of counterfeit digital assets. This identifier can also be used with physical assets, further expanding the scope of a user’s digital identity.
KILT empowers users to control their identity data by allowing them to select only the personal information they want to share. This ensures that users have full control over their personal information and can decide how it’s being used. This approach aligns with the principles of user sovereignty and privacy that underpin decentralized identity protocols.
Highlights
- KILT Protocol is a blockchain-based platform that provides a decentralized identity protocol, serving as a bridge between traditional institutions and blockchain-based applications.
- At the core of a user’s digital identity on KILT is the Decentralized Identifier (DID), which serves as a unique digital fingerprint.
- Verifiable credentials are digital certificates that prove aspects of a user’s identity, such as qualifications, social media accounts, or identity cards. As users add credentials to their DID, their digital identity grows.
- An AssetDID is a new type of identifier introduced by KILT to ensure authenticity across multiple blockchains, reducing the risk of counterfeit digital assets. This identifier can also be used with physical assets.
- KILT empowers users to control their identity data by allowing them to select only the personal information they want to share. This ensures that users have full control over their personal information and can decide how it’s being used.
- KILT Protocol’s approach to user-controlled identity applications likely involves giving users control over their own identities, aligning with the principles of decentralization and user sovereignty that underpin Web3.
- KILT Protocol continues to expand its ecosystem, with ongoing developments and partnerships aimed at enhancing its offerings and reaching more users.