Self-sovereign identity (SSI) gives individuals or entities control of their digital identities. SSI addresses the difficulty of establishing trust in an interaction. To be trusted, a Holder in an interaction presents verifiable credentials to a Verifier, and those relying parties can verify that the credentials came from an Issuer that they trust. In this way, the Verifier’s trust in the Issuer is transferred to the verifiable credential Holder. This basic structure of SSI, with the three participants, is generally referred to as “The Trust Triangle”.

Liquid Avatar Technologies supports individuals, organizations, and enterprises as they migrate to digital identity, through LAVCE, by providing biometric and bank-grade identification verification and validation services.

SSI together with verifiable credentials creates a user’s digital identity and can help to create alternatives for confirming access to specific online platforms, improving entitlement to services, and potentially reducing fraud.

Digital identity, especially biometrically secured digital identity, helps confirm that a user is a real person and can support access to a range of services and offerings, potentially reducing hacking, phishing, and fraudulent activities both online and conventionally.