cheqd: Pioneering Trust in the Crypto Lending Market and DeFi Through Self-Sovereign Identity

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Discover how cheqd is pioneering trust in the crypto lending market and DeFi through self-sovereign identity solutions, bridging the gap with commercial models.

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Self-sovereign identification (SSI) solutions have been experiencing significant momentum in recent years. The rise of SSI is driven by a confluence of factors that highlight the need for enhanced digital trust, security, and user-centric identity management systems. The UK's Financial Conduct Authority (FCA) has implemented SSI in their Know Your Customer (KYC) trial.