KILT Protocol is a decentralized blockchain identity protocol for issuing self-sovereign, anonymous and verifiable credentials.
The protocol enables innovative business models around identity, addressing the need for reliable and verifiable identity solutions in the digital world. KILT brings the traditional process of trust in real-world credentials (passport, driving license, certificates, etc.) to the digital world, representing identity while keeping data private and in the possession of its owner.
KILT allows users to claim multiple attributes about themselves, have them attested by trusted entities, and store these claims as self-sovereign digital credentials that can be shown to others when needed. The data remains with its owner, with only a hash of the credential stored on the blockchain.
How is KILT Used?
For enterprises and entrepreneurs, KILT created an open-source software development kit (SDK) for building applications to create credentials and offer a service issuing and verifying credentials. This is built using JavaScript, so it requires no previous blockchain experience.
KILT also powers Social KYC, a decentralized identity verification service that aims to allow users to regain control over their digital identity. For example, SocialKYC verifies an identity by proving the user has control of their social accounts (LinkedIn, Twitter, TikTok, Discord, Github, etc.) as well as their email address, phone number, etc. Unlike Web 2.0 sign-in processes, SocialKYC forgets about the user and the credential as soon as the credential is issued. Personal data is not stored, siloed or shared. SocialKYC will enable users to select which elements of their private information are accessed by online services.
The protocol enables innovative business models around identity, addressing the need for reliable and verifiable identity solutions in the digital world. KILT brings the traditional process of trust in real-world credentials (passport, driving license, certificates, etc.) to the digital world, representing identity while keeping data private and in the possession of its owner.
KILT allows users to claim multiple attributes about themselves, have them attested by trusted entities, and store these claims as self-sovereign digital credentials that can be shown to others when needed. The data remains with its owner, with only a hash of the credential stored on the blockchain.
How is KILT Used?
For enterprises and entrepreneurs, KILT created an open-source software development kit (SDK) for building applications to create credentials and offer a service issuing and verifying credentials. This is built using JavaScript, so it requires no previous blockchain experience.
KILT also powers Social KYC, a decentralized identity verification service that aims to allow users to regain control over their digital identity. For example, SocialKYC verifies an identity by proving the user has control of their social accounts (LinkedIn, Twitter, TikTok, Discord, Github, etc.) as well as their email address, phone number, etc. Unlike Web 2.0 sign-in processes, SocialKYC forgets about the user and the credential as soon as the credential is issued. Personal data is not stored, siloed or shared. SocialKYC will enable users to select which elements of their private information are accessed by online services.
Location: Germany, Berlin
Employees: 11-50
Founded date: 2018
Investors 6
| Date | Name | Website |
| - | Cypher Cap... | cyphercapi... |
| - | New Tribe ... | newtribe.c... |
| - | Scytale Di... | scytale.di... |
| - | PrimeBlock... | primeblock... |
| - | VBC Ventur... | vbc.ventur... |
| - | Aza Groups | azagroups.... |
Mentions in press and media 10
| Date | Title | Description |
| 23.04.2024 | Blockchain focused KILT Announces Completion of Milestones of Polkadot Treasury Grant for Developing Decentralized Identity Provider | The KILT team has completed all milestones of the Polkadot Treasury Grant for developing the Decentralized Identity Provider (DIP), and DIP is now ready for use. Using DIP, any chain can become “an identity provider, and any parachain (and,... |
| 20.04.2022 | There’s a Need for Decentralized IDs and Digital Verification in Today’s Web3 Ecosystem, Here’s Why | There is no denying that issues related to cybercrime are on the rise globally. The problem of identity theft, in particular, has become more rampant than ever before, especially since 2020 after the work-from-home lifestyle has become the ... |
| 22.02.2022 | What Is KYC and What Does It Mean for Decentralization? | KYC or “Know Your Customer” is standard practice while opening an account with a bank or exchange, proving that you own your government-issued credentials like a passport. KYC rules are an essential requirement for any company that wants to... |
| 27.12.2021 | Decentralization Will Change The Way You Have Been Using Technology | David Thompson, Tech Times 27 December 2021, 11:12 am (Photo : Firmbee from Pixabay) When it comes to technology, most of the services we use in our day-to-day lives are centralized. Whether for browsing the internet, connecting with our fr... |
| 30.08.2021 | Blockchain Projects Competing For Limited Spots on This Multi-Billion Dollar Crypto Network’s Upcoming Slot Auctions | August 30, 2021 5 min read This story originally appeared on ValueWalk Following the successful completion of the first installment of the Kusama parachain slot auctions throughout June and July, the Kusama team is gearing up to launch the ... |
| 25.05.2021 | Three Promising Polkadot Crowdloan Projects To Watch | May 25, 2021 4 min read This story originally appeared on ValueWalk In a world of hundreds of products built on blockchain technologies, some stand out as unique and truly special. One such is the Polkadot parachain, which was created by on... |
| 19.05.2021 | KILT Protocol Releases Ground-Breaking Identification Tool SocialKYC | Contents SocialKYC will transform decentralized identity managementFirst partners on board: Polkadex, Fractal, DeBio Network KILT, the team behind the open-source blockchain protocol that addresses decentralized identity management, unveils... |
| 19.05.2021 | KILT Protocol Introduces Decentralized Identity Verification with SocialKYC | KILT Protocol today announced SocialKYC, a decentralized identity verification service for regaining control over your digital identity. SocialKYC will allow users to manage, store and present their personal credentials, enabling users to s... |
| 16.09.2020 | Polkadot Projects Will Be Able to Mint Their Own Tokens in 2021 | A token minting system is coming to the Polkadot blockchain ecosystem, promising to be a leaner, meaner version of Ethereum’s ERC-20 standard, the mechanism that launched a thousand token sales. Announced Wednesday, Polimec, the token issua... |
| 23.08.2019 | Web3's Gavin Wood Launches Kusama Network to Test Polkadot Protocol | Developers will soon be able to test applications on a live version of blockchain interoperability protocol Polkadot. Kusama, an experimental and unaudited version of the $1.2 billion network, was launched on Friday at the tail-end of Berli... |