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Decentralized Identity and Verifiable Credentials

The Persistent Identity wallet app is available for white labeling for Android and iOS. Click here to know more.

In general, trust between a user and an organization is established using shared secrets like a username and a password for which some of the user’s personal data is stored within the organization’s data “silo”. This scenario repeats for every organization, app, or website the user logs on.

To tackle the shared secrets between a user and an organization, an Identity Provider (IdP) can be introduced to issue the digital credential and provide a single sign-on experience to log in with multiple organizations, thus reducing sharing of personal data.

Persistent Digital Identity wallet solution enables organizations with diverse sets of users to bootstrap an identity system and leverage existing trust relationships while allowing end-users to maintain complete control of their credentials and identity.

A mobile/web app built using Persistent’s Identity SDK, will cater to creating users’ identity and credentials attestations while allowing users to back-up their credentials on the identity hub, solely controlled by the user. Along with that, Persistent’s Identity SDK also offers verification services to validate the attestations, selective data sharing with zero knowledge proofs, portability of credentials between devices, and revocation of attestations.

Benefits List
  • Persistent Identity app/SDK provides secure and easy Blockchain-based identity management that enables industries and governments with diverse sets of users to use an identity system and leverage existing trust.
  • Persistent’s SDK is built on W3C Decentralized Identity and W3C Verifiable Credentials Standard. This offers cross-compatibility and scalability while lowering costs due to decreased manual interventions.
  • Robust and adaptive design enables easy integrations with identity and identity document verification services providers.
  • Blockchain brings the security, immutability, transparency, provenance, and resilience required in the identity infrastructure.
  • Digitization, provenance, and immutability help in quicker and more efficient user onboarding with automation using digital workflows, thus cutting costs across the entire digital ecosystem.

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 Persistent Services and Industries Listing
Qapita Logo - Persistent Partner

Qapita tokenizes equity-based systems to enable trading using Stablecoin

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ANZ Bank and Persistent build an innovative retail CBDC solution for Global MAS challenge
ANZ Bank

ANZ Bank builds an innovative Digital Currency solution for the MAS challenge

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Retail Electronic Payments and Settlements using blockchain for increased reliability, speed, reduced risk

Retail Electronic Payments and Settlements using blockchain consortium

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Powerful, extensible performance evaluation framework for enterprise blockchains

Powerful, extensible performance evaluation framework for enterprise blockchains

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Why Persistent?

Proven Solutions

We have successfully empowered banks and financial institutions globally to build digital capabilities.

A Composable Digital Mosaic Approach

Our composable architecture approach allows you to select specific components and connect them to bring the power of leading technologies and platforms to your enterprise.

Robust Partner Ecosystem

We have partnered with the most trusted financial and banking platform providers to help you leverage cutting-edge technologies and launch financial products & services rapidly.

News & Insights

Access our latest thought leadership and update on Banking & Financial Services.

Download Whitepaper - Introduction to Digital Currency
Persistent recognized as a Leader in Everest Group’s Payments IT Services PEAK Matrix® 2023
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digital currency is the future of payments
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Cryptocurrency Trading – A perspective on trends and the value chain for institutional participation
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Whitepaper

Introduction to Digital Currency – A Complete Guide

Download the Whitepaper

Awards & Recognitions

Persistent recognized as a Leader in Everest Group’s Payments IT Services PEAK Matrix® 2023

Learn more

Whitepaper

Performance Evaluation of the Quorum Blockchain Platform

Download the Whitepaper

Blog

Central Bank Digital Currency (CBDC) – The Future of Payments

Read the Blog

Blog

A Technology Renaissance in Trade Finance

Read the Blog

Blog

Unblocking the Blockchain Potential

Read the Blog

Whitepaper

Cryptocurrency Trading – A perspective on trends and the value chain for institutional participation

Download the Whitepaper

Blog

Trusted Digital Interactions with Decentralized Identity and Verifiable Credentials

Read the Blog

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Contact us

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    You can also email us directly at info@persistent.com

    You can also email us directly at info@persistent.com