How Does Cardano Support Identity Verification and Digital Identity?

How Does Cardano Support Identity Verification and Digital Identity?

Blog Article

Cardano’s Atala PRISM is a decentralized identity solution that allows individuals to store and control their personal data securely. This technology has been used in projects like Ethiopia’s education system to verify student records on the blockchain. Digital identity solutions on Cardano reduce fraud and improve access to financial services. As real-world adoption increases, ADA’s role in identity verification may contribute to its growing demand. Checking the ADA price can help track market reactions to these developments.