BanklessTimes
Home Articles Cardano Foundation Launches Veridian, An Open-Source Digital Identity Platform for Secure Identity Management

Cardano Foundation Launches Veridian, An Open-Source Digital Identity Platform for Secure Identity Management

Simon Simba
Simon Simba
Simon is a writer with five years experience in crypto and iGaming. He currently works as a freelance writer at BanklessTimes where he focuses on simplifying daily crypto developments for readers. He discovered crypto in 2022 while writing news about NFTs for a news website in the US, and has since written for two other international NFT projects, and a Web3 gaming agency.
April 3rd, 2025
Editor:
Joseph Alalade
Joseph Alalade
Editor:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.

The Cardano Foundation has officially launched Veridian, an open-source digital identity platform designed for individuals and organizations. Accompanying the launch is the Veridian Wallet, now available on iOS and Android. This wallet offers users a secure, privacy-preserving solution for managing verifiable credentials.

Veridian uses new decentralized methods like Key Event Receipt Infrastructure (KERI) and Authentic Chained Data Container (ACDC) credentials, which differ from traditional identity systems reliant on central databases. 

Cardano Addresses the Digital Identity Challenge

Digital identity management has long struggled with centralized control, data breaches, and a lack of user autonomy. For instance, more than 1.7 billion records were hacked in the United States in 2024, highlighting the critical demand for strong remedies.

Veridian aims to tackle these problems using distributed technology that gives people complete control over their identities and sensitive data.

The wallet is a user-friendly mobile application that serves as the gateway to the Veridian platform. It features six elements to meet the needs of both individuals and enterprises: decentralized control, post-quantum security, verifiable credentials, global interoperability, cost-efficient scalability, and secure communication. 

Users also get safe access, direct communication options that use public-key encryption for security, and ways to recover their accounts with multi-sig identifiers that rely on native biometrics. Furthermore, its features make it a versatile tool for applications ranging from healthcare and finance to supply chain management and education.

How Developers Benefit

Veridian is entirely open-source, which means developers can access comprehensive documentation, GitHub repositories, and sandbox environments to experiment with the platform’s capabilities. Additionally, since Switzerland hosts the sandboxes, it ensures a secure environment for testing credential management and verification tools before deployment.

Apart from promoting transparency, the open-source method allows companies to tailor the platform to their specific requirements. Whether they’re adding Veridian to current processes or creating totally new apps, developers have the freedom to create without limits.

The Cardano Foundation is addressing some of today’s most pressing digital identity challenges by empowering users to control their identities and leveraging cutting-edge technologies.

READ MORE: Bitcoin Hashrate Soars to New Highs, Boosting Network Strength

Contributors

Simon Simba
Simon is a writer with five years experience in crypto and iGaming. He currently works as a freelance writer at BanklessTimes where he focuses on simplifying daily crypto developments for readers. He discovered crypto in 2022 while writing news about NFTs for a news website in the US, and has since written for two other international NFT projects, and a Web3 gaming agency.