Identities

Learn more identities, the core of the iov42 platform.

Summary

• Having an iov42 identity is required to perform any operation on the platform

Overview

iov42 identity: A representation of someone or something that can:

• Own an asset

• Interact with the platform

Each iov42 identity consists of:

• A unique identifier

• A public/private key pair.

Each platform user is responsible for safeguarding his or her private key, while the public key is linked to the user’s unique identifier. A private key must be provided to verify one’s iov42 identity before carrying out operations on the platform, ensuring security and accountability.

iov42 identities can also be extended with claims, e.g. a residential address or birth date. When these claims are cryptographically endorsed by trusted authorities, e.g. banks or government offices, (e.g. governments, banks, etc), the trustworthiness of a given identity is enhanced.