Evernym

type
ID Project
Status
Discontinued
Website
Announcement
2013
Launch
2018
Mission Statement
Source
We envisioned a world where consumers are in complete control of their digital identity, where privacy is a basic human right, and where consumers and organizations can foster a new relationship rooted in trust. We’re pioneering a new paradigm called Self-Sovereign Identity (SSI) that puts individuals in control of their data and enables people and organizations alike to benefit from a safer and more trusted Internet.
Summary
Source

Evernym, founded in 2013, was a pioneering company in the Self-Sovereign Identity (SSI) space that developed several foundational technologies and platforms for decentralized digital identity. The company's core product, Verity, launched in 2018, is a verifiable digital credential platform that enables organizations to issue and verify digital credentials while allowing individuals to maintain control over their identity data through the Connect.Me mobile wallet application.

The company has made significant technical contributions to the digital identity ecosystem, including being creators of Hyperledger Indy and the Sovrin Network, co-creators of the cheqd Network, and primary contributors to Hyperledger Aries and Ursa. Evernym has also been actively involved in developing key standards, serving as co-editor of the W3C Verifiable Credentials specification and co-chair of the W3C DID Working Group. Their technical implementation uses a hybrid architecture combining permissioned ledgers for validators with open access for DID creation.

Notable implementations of Evernym's technology include:

  • International Air Transport Association's Travel Pass (used by 60+ airlines)

  • NHS Staff Passport (deployed across 100+ hospitals)

  • Bonifii's MemberPass (used by major credit unions)

The company received significant backing, including:

  • $749,000 from the U.S. Department of Homeland Security for developing decentralized key management systems
  • $2 million investment from Medici Ventures
  • Acquisition by Avast in December 2021

Funding(8)

Technology(7)

Tech Stack Self Description
Source
Through the Sovrin Network, Evernym uses an open source, hybrid architecture that provides access in a permissioned ledger. The overlying identity system does not require permissioning; only the need to be cheap and fast. Any individual and/or organization will be allowed to enroll and create DIDs. But all nodes, and most importantly, validator nodes, will be managed by stewards.
Credential profile data is sourced from the Open Wallet Foundation digital-wallet-and-agent-overviews-sig project, licensed under the Apache License 2.0
⚠️
No credential profile data found. If you maintain this project, we urge you to visit the OWF Digital Wallet and Agent Overview SIG now and submit your specs and participate to foster global interoperability!
Use-cases
Source
Holders
Yes
Issuers
Yes
Verifiers
Yes
Technology
Source
SSI Technology
Yes
Endorses/Uses ZKPs
Yes
Has exportable Credentials
Yes
Credential and Key Storage
Yes
Blockchains/Verifiable Data Registries
Source
DID Methods
Specification
Source

Management(19)

Managing Entities
Website
Source
Persons of Interest
Role
Source
Chief Trust Officer
Co-founder
Chief Executive Officer
Product Manager (Consumer Platforms)
Vice President (Delivery)
Co-founder
Chief Executive Officer
Vice President (Engineering)
Director (Customer Success)
Chief Technology Officer
Vice President (Revenue)
Director (Product)
Senior Director (Business Development)
Vice President (Product)
Product Manager (Enterprise Products)
Product Manager (Enterprise Products on Blockchain)
Chairman (Board of Directors)
Global Head (Strategic Blockchain Projects)

Regulations and Standards(3)

Relations(40)

People(5)

Affiliated Person
Role
on behalf of
Source
Consultant (Architect)
-
External Contributor
External Contributor
External Contributor
Senior Product Owner
-

Products(25)

Products
Source
Verity Flow
Verity (Evernym)
Connect.Me
targeted industries
Source
...
Geographic Focus
Source

Links(7)

App Links
App ID
Source

Inclusion Criteria

A1: Uses DID, VC or KERI/ACDC
Source
meets criteria: Yes
A2: Claims to be SSI
Source
meets criteria: Yes
B1: Received Government Funding or Endorsement
Source
meets criteria: Yes
C1: Has Well Known Partners
Source
meets criteria: Yes
D1: Project Announcement Date
Source
meets criteria: 2013
Exception Motive
Source
An exception is made due to its notable work as a pioneer in the SSI industry.

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