Paradym Wallet

type
ID Project
Status
Launched
Website
Country (HQ)
Announcement
2023
Launch
2023
Mission Statement
Source
The Paradym wallet enables people to manage and present their digital credentials seamlessly. The credential data is stored locally on the user's device, meaning that they retain full control over the information and decide who to share it with.
Summary
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Paradym Wallet is a mobile application for managing verifiable credentials launched in 2023 by Animo Solutions. The wallet implements Self-Sovereign Identity principles by storing credential data locally on the user's device, giving users full control over their digital identity information and sharing preferences.

The wallet supports multiple technical standards including W3C DID, DIDComm v1, AnonCreds, and various DID methods like did:key, did:jwk, did:web, did:sov, did:indy, did:cheqd, and did:peer. Key features include:

  • Credential Management:

    • Secure storage and presentation of verifiable credentials
    • Support for both AnonCreds and W3C Verifiable Credentials (JWT format)
    • Integration with the Cheqd blockchain network
  • Exchange Protocols:

    • DIDComm v1 with Out of Band v1.1
    • OpenID for Verifiable Credentials (OID4VCI/OID4VP)
    • SIOP 2.0

The wallet is part of the broader Paradym ecosystem, which includes developer APIs and infrastructure tools for building digital identity solutions. While initially focused on DIDComm and AnonCreds, the project has announced plans to expand support for OpenID standards in response to evolving industry trends.

Funding(0)

Private Sector Funding
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Public Sector Funding
Source

Technology(11)

Tech Stack Self Description
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Paradym is built on open standards and protocols. For a truly interoperable internet, open standards and protocols are essential. It uses the following standards: Hyperledger Aries. Hyperledger AnonCreds, W3C Decentralized Identifiers, and it uses Cheqd blockchain network.
Credential profile data is sourced from the Open Wallet Foundation digital-wallet-and-agent-overviews-sig project, licensed under the Apache License 2.0
Use-cases
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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

Management(5)

Managing Entities
Website
Source
Persons of Interest
Role
Source
Chief Technology Officer
Co-founder
Co-founder
Chief Executive Officer

Regulations and Standards(10)

Relations(3)

Interoperability/integrated with
Website
Source
Projects under management
Website
Source
Affiliated Entities
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People(0)

Affiliated Person
Role
on behalf of
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Products(8)

Products
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targeted industries
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Geographic Focus
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Links(7)

App Links
App ID
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id.paradym.wallet

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
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meets criteria: Yes
C1: Has Well Known Partners
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meets criteria: Yes
D1: Project Announcement Date
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meets criteria: 2023

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