Kilt Protocol

KILT Protocol empowers individuals and organizations to manage their digital identities and control their data within the Polkadot ecosystem. Here’s a breakdown for your Polkadot dapps directory:

What is KILT Protocol?

• A blockchain protocol built on Polkadot for self-sovereign data and interoperability.
• Enables users to create and manage decentralized identifiers (DIDs) to represent their digital identities.
• Allows trusted entities (Attesters) to issue verifiable credentials (VCs) that attest to user attributes.

Key Features:

• Self-Sovereign Identity: Users control their DIDs and decide what data to share with whom.
• Revocable Credentials: Attesters can revoke credentials if necessary, ensuring data integrity.
• Secure and Private: TEE technology safeguards sensitive information during credential issuance and verification.
• Trust Marketplace: Attesters can be compensated for issuing trusted credentials.

Benefits:

• Empowers Users: Individuals gain control over their digital identities and data.
• Enhanced Security: TEE protects sensitive data during credential processing.
• Streamlined Trust Management: Reduces reliance on centralized authorities for identity verification.
• New Business Models: Enables businesses to build on trust infrastructure for innovative applications.

Components:

• DIDs: Unique identifiers for entities on the KILT blockchain.
• Verifiable Credentials (VCs): Issued by Attesters to certify user attributes.
• Attesters: Trusted entities authorized to issue VCs.
• KILT Token (KILT): Used for network fees, resource allocation, and staking within the KILT ecosystem.

How it Works:

• User Creates DID: A user creates a DID on the KILT blockchain to represent their digital identity.
• Request Credential: The user requests a credential from a trusted Attester for a specific attribute.
• Attester Issues VC: The Attester verifies the claim and issues a VC if satisfied.
  User Presents VC: The user selectively presents relevant information from the VC to a Verifier.
• Verifier Checks Authenticity: The Verifier confirms the VC’s authenticity and trusts the Attester.

KILT vs. Centralized Identity Management:

• KILT eliminates the need for centralized authorities, giving users control over their data.
• Revocable credentials ensure data accuracy and prevent misuse.
• Secure enclaves protect sensitive information during credential processing.

Explore KILT Further:

• KILT Protocol Website
• KILT Developer Docs
• KILT Identity Management

Incorporating KILT into Polkadot Dapps:

KILT offers a unique solution for dapps requiring secure and user-controlled identity management. By integrating KILT, developers can build trust-based applications that empower users and unlock new possibilities within the Polkadot ecosystem.