CHEQD, leveraging blockchain for secure, self-sovereign digital identities, revolutionizes data control and privacy. More
| Fully Diluted Valuation | $32.95M |
|---|---|
| 24H Trading Volume | $431,911 |
| 24H Low / High | $0.03 / $ 0.03 |
| Circulating Supply | 956.82 M |
| Total Supply | 1.25 B |
| Max Supply | ∞ |
| Categories | Decentralized Identifier (DID) 6 more |
|---|---|
| Founder | Fraser Edwards 1 more |
| Website | cheqd.io |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Arkhamintelligence 5 more |
| Contracts |
0x70e....d4de7
1 more
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| Name | Pair | OG Score |
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Founded in 2021, cheqd is at the forefront of transforming how personal data is managed and utilized online. This innovative network, leveraging the principles of self-sovereign identity (SSI) and blockchain technology, is redefining data ownership and security in the digital era.
At its core, cheqd creates a public, permissionless network where digital identities and credentials can be securely issued, verified, and transacted. This network is underpinned by the CHEQ token, which facilitates payments within the ecosystem, ensuring privacy and security for all users. The platform is not just a technological marvel; it is also a business model innovator. It allows for the exchange of verifiable credentials in a trusted, reusable, and cost-effective manner, paving the way for new revenue models in the realm of digital identity.
The cheqd network provides a suite of mobile and backend software tools, enabling SSI companies to embed these functionalities into their products seamlessly. This approach not only makes digital identities easier to manage and more secure but also addresses the challenges of high costs and inefficiencies in traditional online identity verification processes. With over 190 passwords per individual on average, the need for a more secure and manageable identity solution is clear. cheqd's mission extends to developing customizable commercial models and governance structures, ensuring compliance with GDPR and upcoming EU regulations. Their open-source approach and partnership with various identity applications, like Veramo SDK and Aries Framework JavaScript, demonstrate their commitment to creating a universally accessible and interoperable identity solution.
CHEQD Network revolutionizes data ownership and security using blockchain and self-sovereign identity (SSI), enabling secure, verifiable digital identities and transactions.
CHEQD Network was founded by Fraser Edwards and Ankur Banerjee in 2021.
CHEQD Network is backed by investors such as CMCC Global, Outlier Ventures, and Tendermint Ventures.
You can buy CHEQD Network (CHEQ) on MEXC, Gate.io, KuCoin, BitMart, BingX cryptocurrency exchanges.
