Hovi and cheqd are pleased to announce a strategic partnership focused on accelerating the adoption of verifiable credentials and decentralized identity solutions worldwide. This collaboration combines cheqd’s advanced trust and payment infrastructure with Hovi’s digital credenital and identity platform. Together, We are committed to making decentralized identity accessible, scalable, and adaptable for organizations across diverse industries.
Addressing Key Challenges in Decentralized Identity Integration
Decentralized identity solutions and verifiable credentials offer a modern approach to securing and verifying information. By eliminating reliance on centralized intermediaries, these technologies allow both individuals and businesses to exchange data with enhanced privacy and trust. However, despite their immense benefits, many organizations face difficulties in implementing these solutions due to technical, operational, and financial challenges.
The partnership between Hovi and cheqd aims to address these obstacles by offering innovative tools designed to simplify decentralized identity adoption. Their joint efforts will ensure smooth integration, cost efficiency, and scalability x allowing businesses of any size to take advantage of secure and trusted identity solutions.
How This Partnership Addresses Major Challenges
cheqd and Hovi are focused on reducing these barriers and delivering value across multiple dimensions:
Seamless Integration Tools are designed to complement and connect with existing systems, enabling businesses to adopt decentralized identity without major infrastructure overhauls.
No-Code Simplicity Hovi’s no-code platform lets businesses quickly implement custom identity solutions without technical expertise. From passwordless authentication to secure customer onboarding, it simplifies processes while enhancing security and compliance.
Adaptable Scalability From small startups to global enterprises, Our solutions are tailored to grow alongside organizations’ evolving needs.
Cost Efficiency Hovi and cheqd reduce implementation costs by offering a no-code platform and decentralized network, eliminating the need for extensive technical resources and centralized infrastructure. This makes advanced identity technologies more affordable and accessible for businesses.
Transforming Industries Through Decentralized Identity
The potential of decentralized identity extends across multiple sectors, significantly enhancing operations and trust:
AI Applications
Verifiable AI: Ensures data integrity and accountability in AI models, fostering trustworthy decision-making.
Decentralized Reputation: Allows AI agents to carry verifiable credentials across platforms, ensuring consistent and trustworthy interactions without relying on centralized authorities.
Finance
Accelerating the onboarding process with reliable identity verification.
Minimizing risks of fraud with secure and tamper-proof credentials.
Healthcare
Facilitating secure sharing of medical records across providers while safeguarding patient confidentiality.
Streamlining administrative processes, such as insurance claims and patient identification.
E-commerce
Enhancing user experiences with secure and frictionless checkouts.
Reducing transaction fraud through robust identity validation.
Workforce and Talent Management
Empowering organizations to verify global talent credentials efficiently.
Supporting trust-driven global hiring in the expanding remote work landscape.
Leadership Perspectives
Commenting on the partnership, Omer Shafiq, Founder and CEO of Hovi, stated, “Our commitment has always been to break down the complexities of decentralized identity for businesses. This collaboration with cheqd reinforces that vision, empowering organizations to incorporate trust at the heart of their processes without disrupting their existing operations.”
“This partnership with Hovi represents a significant step forward in simplifying access to decentralised identity solutions. By combining cheqd’s robust infrastructure with Hovi’s comprehensive APIs, and wallet platform, we’re making it easier than ever for organisations to adopt and scale trusted data exchanges. We’re shaping the foundation for a more secure and user centric digital economy.” said Fraser Edwards, Co-founder and CEO of cheqd.
Empowering Secure Digital Ecosystems with cheqd
cheqd is a pioneering leader in building robust decentralized trust and payment infrastructure. Their vision centers on enabling organizations to adopt verifiable credentials effortlessly, combining scalability with simplicity. Dedicated to fostering a secure and trust-driven digital ecosystem, cheqd creates tools that empower businesses to manage identity and data interactions with unparalleled control and ease.
Core Offerings
Trust Infrastructure: cheqd is the trust infrastructure powering personalised AI, eID, digital credential businesses, and trust ecosystems. With industry-leading Trust Registries, cheqd allows ecosystems to govern themselves, creating flexible data environments that can be permissioned, permeable, or permissionless. These capabilities provide a foundation for trusted data sharing, verified AI agents, and secure, scalable digital identity frameworks, unlocking innovation while preserving privacy and control.
Credential Payment: First-on-the-market, cheqd’s payment rails enable seamless transactions for verifiable credentials, creating new commercial opportunities within credential ecosystems. Its unique functionality supports models like Verifier Pays Issuer, allowing verifiers to pay issuers for trusted data; and Holder Pays Issuer, enabling holders to purchase credentials directly. This payment system bridges the gap between the theoretical benefits of verifiable credentials and their practical, commercial value, driving adoption by incentivising issuers and simplifying integration.
Scalability and Accessibility: cheqd is built to handle over 5,000 transactions per second, ensuring high performance and reliability for credential ecosystems and trust-based networks globally. This scalability supports seamless growth while maintaining speed and security. Besides, cheqd's flexible tech stack allows businesses to choose from leading standards, including SD-JWT, W3C VCDM, OpenID4VC, AnonCreds (with Zero Knowledge), DIDComm, and support for the European Architecture & Reference Framework (EU ARF). This ensures compatibility with a wide range of use cases and frameworks, including eIDAS 2.0, enabling secure and interoperable digital identity solutions. To enhance accessibility, cheqd provides simple REST APIs through cheqd Studio that abstract blockchain complexity, making integration straightforward for developers.
At Hovi, we are dedicated to simplifying decentralized identity adoption for businesses of all sizes. Our platform is designed to eliminate complexities, offering innovative tools that help organizations implement secure and efficient identity solutions without lengthy development processes or specialized teams.
No-Code Identity Solutions Hovi’s no-code platform allows businesses to integrate decentralized identity systems with ease. Features like zero-knowledge proofs, verifiable credentials, and instant identity verification are simple to implement, saving time and resources while ensuring secure, reliable solutions.
Flexible APIs for Custom Integrations For businesses seeking tailored solutions, our developer-friendly APIs provide scalability and adaptability. From startups to enterprises, these APIs accommodate diverse use cases, ensuring seamless integration across industries.
Enhancing Trust and Usability We prioritize user-friendly identity management tools that deliver secure and privacy-focused experiences. By safeguarding sensitive data, Hovi’s solutions help businesses build customer trust while maintaining compliance with data protection standards.
Practical Solutions for Real-World Needs Hovi addresses everyday business challenges with features that simplify tasks like reusing KYC data, enabling age verification for restricted services, and facilitating secure data sharing in industries such as healthcare, education, and e-commerce. Our platform ensures businesses stay efficient, secure, and future-ready.
Learn how Hovi can transform your business at hovi.id
By combining their expertise, cheqd and Hovi are revolutionizing digital identity management. This partnership empowers businesses to implement secure, scalable, and user-friendly identity solutions, fostering trust and transparency in digital interactions. Hovi's no-code platform and developer-friendly APIs enable organizations to integrate decentralized identity systems without extensive technical resources, streamlining processes like customer onboarding and compliance management. cheqd's decentralized network ensures data privacy and security, allowing users to maintain control over their personal information while complying with global data protection standards. Together, cheqd and Hovi provide a comprehensive solution that simplifies the adoption of self-sovereign identity, enabling businesses to build trust with their customers and adapt to the evolving digital landscape.
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