#Switzerland #digital identity #Zurich #Hashgraph Group #IDTrust

Hashgraph Group Unveils IDTrust: A Groundbreaking Self-Sovereign Identity Platform

On August 1, 2025, The Hashgraph Group (THG), a leading international business and technology company based in Switzerland, launched its innovative Self-Sovereign Identity (SSI) platform named IDTrust. In a world increasingly reliant on digital identity, THG aims to address the limitations posed by conventional identity systems that are often hindered by centralized authority and fragmented operations.

Transforming Digital Identities

Traditional identity frameworks are typically based on centralized authorities that issue and verify credentials. This model not only increases the risks of data silos and user tracking but also raises concerns regarding high costs and security vulnerabilities. THG's IDTrust counters these issues by introducing decentralized identifiers (DIDs) and verifiable credentials (VCs). By adopting a peer-to-peer approach, individuals and organizations can now exchange trusted identity claims without depending on centralized infrastructures.

Key Features of IDTrust

IDTrust, built on the Hedera public ledger technology, empowers individuals and institutions with greater control over their personal data. Here are some of its standout features:

• - User Control & Privacy: Users maintain ownership of their data, facilitating a seamless transfer of credentials across various platforms and service providers.
• - Cross-Platform Interoperability: The decentralized nature of IDTrust allows for interaction across multiple sectors, enabling easy access to government services and more.
• - Enhanced Security: By using Hedera's secure and energy-efficient distributed ledger technology, IDTrust promises a high standard of safety and reliability in digital identity management.

Bridging Demands Across Sectors

From the perspective of consumers, IDTrust allows greater privacy control over personal data, while businesses benefit from streamlined onboarding processes, trust in consumer engagement, and lowered operational costs. For governments, the platform offers a compliant solution that aligns with national and international digital identity frameworks.

THG has aligned IDTrust with significant international initiatives such as eIDAS 2.0 in the EU and the UK's Digital Identity Trust Framework. This ensures that entities operating across different regions can engage in secure digital interactions free from vendor lock-in or ecosystem isolation.

The Timing Is Right

The launch of IDTrust coincides with Switzerland's ongoing efforts to develop a national identity system that enhances secure engagement between citizens and institutions. THG’s platform stands as a substantial contribution to this evolution, providing a robust identity architecture that accelerates innovation in both public and private sectors.

Open Source for Global Accessibility

THG is not just stopping at launching IDTrust; they are also committed to open-sourcing their Digital Identity SDK via the Linux Foundation's Project Hiero. This initiative is a collaborative effort aimed at fostering open innovation in identity technology. By providing SDKs for decentralized identity, verification, and digital wallet integration, THG strives to equip developers with the necessary tools to create interoperable digital identity systems that work on a global scale.

Real-World Applications

IDTrust's relevance is demonstrable through its integration with leading entities. It has been adopted in one of the Big Four consultancy firms for digital identity management, along with trials conducted by one of Africa's largest banks. The application extends to educational credentials, enabling a secure and verifiable exchange system amongst various Ministries of Education across Africa.

Another innovative application is seen through the Symera WeSuite solution, utilized in advertising to prioritize privacy, thus redefining consumer engagement, loyalty and interaction mechanics.

Building a Decentralized Future

Micha Roon, Head of Engineering at THG, commented on the significance of this launch: “This development is not merely a technological milestone but a commitment to establishing an open, secure infrastructure for digital identities accessible to everyone.”

As IDTrust continues to evolve, it sets a new standard in how digital identity should be managed—favoring decentralization, privacy, and user empowerment above all else. Interested parties can find further information and developments by visiting The Hashgraph Group's official website.