The path to Web3 should be built on trust and made as seamless as possible. cheqd is excited to team up with YourD (Your Data), a Korean Web3 RegTech infrastructure provider specialising in decentralised identity authentication and data management, to bring this vision to life. This partnership simplifies how individuals take control of their identity in Web3, fostering a more user-centric and privacy-first digital ecosystem.
By combining YourD’s expertise in decentralised authentication with cheqd’s robust decentralised identity (DID) and credential payment infrastructure, we empower businesses and developers to build trusted Web3 applications that offer seamless user authentication, secure payments, and data ownership.
A Strategic Alignment to Bridge DID and Payment
This collaboration is built on a shared vision and technological synergy. YourD provides a suite of Web3 solutions, including passwordless authentication and privacy-preserving analytics. Its dedication to enabling true data ownership aligns with cheqd’s mission to create trusted, decentralised identity solutions.
cheqd, on the other hand, leverages decentralised identity, verifiable credentials, and trust registries to provide a first-of-its-kind credential payment model that allows issuers to monetise credentials sustainably. Through the integration of zero-knowledge proofs, cheqd ensures privacy by enabling selective disclosure, offering a trusted, decentralised, scalable, and privacy-first framework for identity verification and data management.
By integrating with cheqd, YourD strengthens its ability to deliver user-controlled authentication and transaction models that comply with global privacy standards.
Together, cheqd and YourD are setting a new standard for identity and payments in Web3, equipping businesses and developers with the necessary tools to build trust-driven digital ecosystems.
What’s Involved in the Partnership?
The collaboration focuses on integrating YourD’s authentication and data services with cheqd’s DID and credential payment infrastructure to enhance interoperability, monetisation, and compliance in Web3 identity and payments.
- DID-Based Authentication
- YourD will integrate cheqd’s DID and verifiable credential (VC) issuance capabilities as a VDR (Verifiable Data Registry) option within the YourD platform, enabling seamless authentication for businesses and users.
- Enable privacy-preserving authentication by supporting selective disclosure and zero-knowledge proof (ZKP) verification using cheqd’s infrastructure.
Decentralised Data Management
- Expand the adoption of cheqd’s DID network in APAC markets through YourD, enhancing interoperability and user-controlled data ownership.
- Develop a joint data governance and interoperability framework to support secure data verification and credential management.
- Leverage cheqd’s DID-based trust registries to manage identity verification and credential revocation within the YourD ecosystem.
Web3 Payment Models
- Integrate cheqd’s credential payment model into YourD’s authentication and verification services, allowing issuers to monetise credentials sustainably.
- Explore DID-based Web3 financial solutions, including cross-border transactions, rewards, and voucher monetisation via cheqd’s payment infrastructure./
Adherence to Global Data Privacy Regulations
- Ensure compliance with international standards such as GDPR, eIDAS 2.0, and APAC-specific data privacy laws through cheqd’s compliance-focused infrastructure.
- Collaborating on the development of privacy-preserving solutions for businesses and governments by leveraging YourD’s decentralised authentication and cheqd’s selective disclosure mechanisms.
Shaping the Future of Digital Identity and Payments
Maintaining control over identity and transactions should be a right, not a privilege. cheqd and YourD are committed to realising this vision and are excited about the potential this partnership holds to push the boundaries of innovation in decentralised identity and payment solutions.
Businesses and developers seeking to build trust-driven Web3 applications can now leverage our integrated solutions to offer seamless authentication, secure payments, and verifiable data ownership.
About YourD
YourD (YourData) is a Korean Web3 RegTech infrastructure provider specialising in decentralised identity authentication and data management. Through its interoperable, privacy-first authentication solutions, YourD empowers users to control their digital identities while enabling businesses to adopt decentralised identity technology with ease.
YourD facilitates passwordless authentication, privacy-preserving analytics, and verifiable credential-based voucher systems, supporting diverse use cases across finance, retail, and enterprise sectors. Businesses leveraging YourD’s infrastructure can seamlessly implement next-generation identity management and trust-based authentication models in Web3 applications.
About cheqd
cheqd is the trust and payment infrastructure to enable the creation of eID, digital credential businesses, trust ecosystems, and personalised AI. We provide privacy preserving payments for data to incentivise its release from data silos, enabling previously impossible data combinations and unlocking new user experiences and personalised AI.
We provide bespoke network offerings and support multiple credential formats to underpin identity frameworks such as eIDAS 2.0 in Europe, and beyond. Our industry leading Trust Registries allow ecosystems to gate and govern themselves, creating permissioned, permeable, or permissionless trusted data ecosystems and trusted verified AI agents.
