cheqd CHEQ Price $ 0.056

cheqd is building a secure network that enables individuals and organizations to fully control their personal data. It allows self-sovereign identity (SSI) companies to build and deliver secure solutions to you. Through cheqd network, anyone can verify identities quickly and securely. Your data shouldn't be in silos waiting to be leaked or stolen. Companies shouldn't make money selling your data without your consent. cheqd network allows SSI companies to build and deliver secure solutions to you.

cheqd is building the trusted/authentic data economy. cheqd solution enables new business models, where verifiable credentials are exchanged in a trusted, reusable, safer, and cheaper way. cheqd is making it easier to create authentic data ecosystems through customizable commercial models and governance structures, all built upon a public permissionless network with a dedicated token for payment. cheqd’s solution consists of three parts:

• Public permissionless network - where self-sovereign identity (SSI) credentials can be issued and read
• CHEQ - token that allows issuers/receivers/holders/node operators to pay each other for digital credentials without compromising the privacy and security of users
• A suite of mobile and backend software tools - that SSI vendors can embed in their own software.