cheqd: Pioneering Trust in the Crypto Lending Market and DeFi Through Self-Sovereign Identity

Self-sovereign identification (SSI) solutions have been experiencing significant momentum in recent years. The rise of SSI is driven by a confluence of factors that highlight the need for enhanced digital trust, security, and user-centric identity management systems. The UK's Financial Conduct Authority (FCA) has implemented SSI in their Know Your Customer (KYC) trial.

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authority confluence crypto cybersecurity data privacy decentralization decentralized-finance defi digital digital trust fca financial financial conduct authority good-company identification identity identity management lending management management systems market momentum security self-sovereign-identity solutions ssi systems trust