Hashgraph Group Launches SSI Digital ID on Hedera

Published Date : 8/5/2025 

The Hashgraph Group (THG) has launched a new self-sovereign identity (SSI) platform, IDTrust, on the Hedera distributed ledger. This platform aims to provide users with portable, interoperable, and fully controllable digital identities, aligning with national and international digital identity initiatives. 

A new self-sovereign identity (SSI) platform for issuing and verifying digital credentials has been launched by Switzerland-based The Hashgraph Group (THG). The IDTrust platform leverages the Hedera distributed ledger as a trust layer, offering users digital identities that are portable, interoperable, and provide complete control over their personal data, according to a company announcement. THG asserts that the launch demonstrates its commitment to enabling a truly open and vendor-agnostic digital identity ecosystem that supports alignment with national and international identity initiatives.

The platform uses decentralized identifiers (DIDs), verifiable credentials (VCs), and digital ID wallets, which are familiar components of SSI models for evaluating identity claims peer-to-peer. Interoperable AI agents are defined for credential issuance, verification, and revocation. Hedera is known for delivering enterprise-grade performance, high security standards, low and predictable fees, a negative carbon footprint, and technical maturity, the company says.

IDTrust is designed to align with digital identity initiatives including eIDAS 2.0, the UK’s Digital Identity and Attributes Trust Framework (DIATF), and the national e-ID system Switzerland is planning. The launch of IDTrust falls between the June announcement that the Swiss Federal Council has launched a consultation procedure to set the regulations for its national digital ID with an ordinance and a referendum on the system set for September 28.

“With the prevailing concerns about digital identity fraud and misuse of user data, we believe this is a critical moment to launch a truly self-sovereign, privacy-first digital identity solution for the global market,” says THG CEO and Co-founder Stefan Deiss in the company announcement. “By launching our Hedera-powered and Agentic AI-enabled IDTrust platform on Swiss National Day, we align with Switzerland’s leadership in digital trust, data protection, and innovation, while supporting the furtherance of national and international initiatives to advance secure digital ID technology, infrastructure, and compliance.”

THG is also working with The Hashgraph Association, a Swiss non-profit dedicated to Hedera adoption, to open-source SDKs related to the platform through Linux Foundation Decentralized Trust’s (LFDT’s) Project Hiero so developers can build applications for the platform. Hedera is a member of the OpenWallet Foundation, which created the OpenWallet Forum last year, hosted by the ITU and the Linux Foundation. The OpenWallet Foundation and LFDT are among the organizations First Person Project plans to work with to build a digital identity platform based on verifiable relationship credentials (VRCs) as a source of truth instead of a biometric database. 

Frequently Asked Questions (FAQS): 

Q: What is the IDTrust platform?

A: IDTrust is a self-sovereign identity (SSI) platform launched by The Hashgraph Group. It uses the Hedera distributed ledger to issue and verify digital credentials, providing users with portable, interoperable, and fully controllable digital identities.

Q: How does IDTrust ensure user privacy?

A: IDTrust uses decentralized identifiers (DIDs), verifiable credentials (VCs), and digital ID wallets to ensure that users have complete control over their personal data, aligning with privacy-first principles.

Q: What initiatives does IDTrust align with?

A: IDTrust aligns with digital identity initiatives such as eIDAS 2.0, the UK’s Digital Identity and Attributes Trust Framework (DIATF), and the national e-ID system planned by Switzerland.

Q: What is the role of Hedera in IDTrust?

A: Hedera provides the distributed ledger technology that powers the IDTrust platform, offering enterprise-grade performance, high security standards, low and predictable fees, and a negative carbon footprint.

Q: What is The Hashgraph Group's involvement with open-source development?

A: The Hashgraph Group is working with The Hashgraph Association and Linux Foundation Decentralized Trust’s (LFDT’s) Project Hiero to open-source SDKs related to the IDTrust platform, enabling developers to build applications for the platform. 

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