What is Hyperledger Indy?
Hyperledger Indy is an open-source, decentralized identity management platform for individuals and organizations to have complete control over their digital identities. It provides a secure and scalable infrastructure to manage and store decentralized identity information, enabling the creation of self-sovereign identities (SSI) that can be used across various applications and services. Indy uses blockchain technology and cryptographic algorithms to ensure the privacy and security of identity information.
- The Hyperledger Indy blockchain is both public and permissioned.
- In Indy, users must have permission to write information to the blockchain, but not to read information from it.
- It should be emphasized that despite the fact that Indy is a public blockchain, not all user information is recorded there.
- Private information and private keys are not stored on the network.
Hyperledger Indy in Blockchain
In order to provide self-sovereign identification, the Hyperledger foundation created the Hyperledger Indy blockchain network. This network was created specifically for decentralized digital identity management. The platform offers several reusable components that are used to build digital identities for entities, along with tools and libraries. Users can use these IDs in any other application because Hyperledger keeps them on its openly accessible distributed ledger.