Dhiway becomes Sovrin Steward

Bengaluru (Karnataka) [India] March 25 (/BusinessWire India): Dhiway, India's first Verifiable Data Exchange platform, is proud to announce that it has joined the Sovrin Foundation as a Steward of the Sovrin Network.

Dhiway joins a group of more than 75 other compes that maintain the operation of a decentralized global public network enabling self-sovereign identity (SSI) on the internet.

The Sovrin Network assures people and orgzations who are part of the network a complete control of their data and online security and privacy through SSI - a decentralized digital identity system using distributed ledger technology.

Sovrin Stewards are orgzations that run validator nodes to operate the network which can read and write to the Sovrin ledger. Sovrin Stewards commit resources, time, and computing power to support this network, and they are spread across all continents, making the Sovrin Network truly global.

Based in Bengaluru, India, Dhiway is a startup which aims to build a verifiable data exchange framework designed to enable trusted digital transactions between everyone and everything using open standards and technologies.

Dhiway provides a trust framework which empowers individuals with ownership of data while providing cryptographic security, making the proofs verifiable.

"These are exciting times for us," said KP Pradeep, CEO of Dhiway. "Dhiway's engagement with the Sovrin Foundation is a commitment towards participating in the community. We will always be available to mentor, guide, and partner with individuals and compes in this journey of enabling SSI for exchange of data over the internet," he added.

"We are pleased to have Dhiway support the Sovrin Network as a Steward," said Phil Windley, Chair of the Sovrin Foundation Board of Trustees.

"The Dhiway team is passionate about SSI and the global adoption of Sovrin, and we look forward to their future contributions," he added.

This story is provided by BusinessWire India. will not be responsible in any way for the content of this article. (/BusinessWire India)

( With inputs from ANI )