Verida
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | <1m | 1.3m |
% growth | - | 42 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $3.0m | Seed | |
* | $5.0m Valuation: $50.0m | Seed | |
Total Funding | AUD12.4m |
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Recent News about Verida
EditVerida.io is a startup that operates in the digital identity and cryptocurrency market. It offers a mobile crypto wallet that supports zero-knowledge credentials issued through Polygon ID. Zero-knowledge credentials are a type of digital identification that allows users to prove their identity without revealing any unnecessary personal information. This is a crucial feature in today's digital world where privacy and data security are paramount.
Verida's wallet enables users to create decentralized identities, manage their private keys, and control their digital world. It is a multi-chain wallet, meaning it can handle transactions and manage crypto on multiple blockchains. This versatility makes it a valuable tool for users who deal with various cryptocurrencies.
The wallet also supports Non-Fungible Tokens (NFTs) and SBT badges, further expanding its utility in the digital asset space. Verida's business model is centered around providing a seamless user experience to create self-sovereign trusted identities.
The company has received positive feedback from its partners, including NEAR and cheqd, for its commitment to privacy and decentralization. Verida's integration with the cheqd network offers a compelling vision of 'Not your keys, not your identity', emphasizing the importance of individual control over digital identities.
Verida's primary clients are individuals and businesses that require secure, private, and decentralized digital identity solutions. The company makes money by offering premium features and services on its platform.
Keywords: Cryptocurrency, Digital Identity, Zero-Knowledge Credentials, Decentralization, Privacy, Multi-Chain Wallet, NFTs, SBT Badges, Self-Sovereign Identity, Blockchain.