IDTrust: Hashgraph’s AI-Powered SSI on Hedera
Hashgraph Group (THG) has launched IDTrust, a self-sovereign identity (SSI) platform on the Hedera network. AI-driven and powered by Hedera Consensus Service stateless proofs, IDTrust issues, manages and verifies digital credentials without centralized authorities. Users retain full control of their personal data and do not need to hold HBAR tokens or adopt Hedera key schemes.
IDTrust’s design avoids ledger bloat and reduces validator strain while adding authorization capabilities alongside identity proofs. CEO Stefan Deiss highlights its decentralized trust model as a differentiator from Polygon ID, Worldcoin and Microsoft Entra. The launch aligns with global digital ID efforts—including Switzerland’s upcoming e-ID framework and Vietnam’s national blockchain identity platform—and THG is working with Swiss authorities to ensure e-ID compatibility and W3C verifiable credential support for IDs and driver’s licences.
Bullish
The launch of IDTrust on Hedera strengthens the network’s value proposition by adding a robust, AI-driven SSI solution that appeals to enterprises and regulators. This positive development can drive increased network usage, foster ecosystem growth and improve long-term sentiment toward HBAR. While users need not hold HBAR tokens directly, greater platform adoption is likely to boost transactional activity and demand for network fees, offering a bullish outlook for Hedera’s market position.