KardiaChain X DID Alliance to reinforce the pioneering DID proposition in Vietnam

KardiaChain
KardiaChain
Published in
3 min readNov 13, 2020

KardiaChain is proud to announce that we are joining the DID Alliance, an open industry association focused on the development and maintenance of new industry standards for interoperable decentralized identity. DID Alliance is a nonprofit mutual benefit corporation for the purpose of furthering the creation and promotion of a new and better system for the management and use of digital identities and personal information worldwide; we at KardiaChain are excited to become a member of this global Alliance that is made up of the world’s leading technological and financial institutions. We know our strategy will benefit greatly from their vast experience and partner networks but also believe our own truly innovative, interoperable blockchain solution will benefit all members as together we strive for a more interconnected yet data secure world. More on https://www.didalliance.org/

First and foremost, joining the alliance means we are the part of the global standardization efforts being carried out in shaping next generation DID systems. As DID integration in the Vietnam market is one of the most important missions for KardiaChain, we are working restlessly to secure our use case. Our first milestone was the partnership with MyKeepin Alliance and Coinplug as the board alliance member. It provided us overwhelming opportunities for a vast knowledge of decentralized identity to enhance our protocol for DID integration. To further advance our progress, joining DID Alliance would bring our DID system to global standards that are used by many enterprises around the world, including the USA, France, Korea, Germany, Switzerland, India, Japan and China. It certainly asserts and strengthens our pioneering DID proposition in Vietnam.

Furthermore, we have access to technological support for cross-ledger transactions in GADI and gain great exposure to global enterprises. In joining DID Alliance, it grants us access to the large repository of data and insights from the alliance, such as existing use cases, protocols or any specifications within the Alliance Working Group. The alliance equips their members with sufficient resources in technology, economics, and marketing through weekly working groups. It is a great approach to update and align alliance members with DID end-to-end goals, from the operation to implementation. With the fundamentals from MyKeepin Alliance and the partnership with DID alliance, it will surely affirm our promising DID market.

Additionally, we can also increase our visibility and credibility by participating in the Working and Task Group, Regular General Meeting of the Alliance, workshops, conferences and act as a strategic partner for any events, which would considerably expand our business networks and bring more partnerships as well as potential deals for outreaching our B2B and B2C undertakings. Such companies are in a wide range of industries from USA, France, Korea, Germany, Switzerland, India, Japan and China.

Finally, we act to bring Vietnam DID to be acceptable internationally. With the collaboration with DID Alliance, KardiaChain would utilize DID technology to improve data security, scalability, efficiency, interoperability and to reduce costs for DID integration in the Vietnam market. Identity thefts and data breaches would be significantly reduced and identification processes would be much smoother as the alliance is pioneering the global standard of DID systems. As founded in Silicon Valley by Korean and American companies, DID Alliance aims to develop and distribute decentralized ID technology that has global standardization and interoperability to benefit companies globally.

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KardiaChain
KardiaChain

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