Atala PRISM is a decentralized identity platform built on the Cardano blockchain.

Use the Atala PRISM app to experience an interactive smart city demo.

Go to https://www.atalaprism.io/ and launch the interactive city map (best viewed on a laptop or desktop) to see what a smart city powered by Atala PRISM will look like.

Use the Atala PRISM mobile application to receive, store and share your digital credentials.

With Atala PRISM you can:
- Own your identity and data
- Selectively share your data with people you trust
- Control who has access to your data
- Securely store all your important credentials in one place
- Instantly access a variety of services

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Atala PRISM

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								<p>On Tuesday, July 16, Charles Hoskinson, founder of the blockchain platform Cardano, publicly <a href="https://x.com/IOHK_Charles/status/1813243253527048500" target="_blank">offered</a> to assist Elon Musk in addressing the escalating issue of account hacks and the proliferation of scam bots on X (formerly Twitter). Hoskinson’s proposal involves the integration of Decentralized Identifiers (DIDs), a concept endorsed by standards bodies like the World Wide Web Consortium (W3C), into X’s framework.</p>
<h2>What The Cardano Founder Offers Musk</h2>
<p>Hoskinson reached out directly via an X post, stating, “Elon, we need DIDs integrated into X. It solves all of these problems. Again, I’ll do it for free.” This offer was made in the context of recent security breaches highlighted by Ben Goertzel, CEO of SingularityNet, who apologized to his followers after his account was hacked and used to distribute <a href="https://bitcoinist.com/scam-watcher-shiba-inu/" target="_blank">scam links.</a></p>
<p>The conversation about DIDs and their potential application within X’s platform has ignited a broader debate about the nature and implementation of decentralized identity technologies. Timothy Ruff, General Partner at Digital Trust Ventures, criticized the proposal for potentially centralizing an aspect of X that should remain decentralized. Ruff argued, “If you’re using ‘DIDs’ as short for decentralized identity (it’s not) and it’s on some blockchain, it’s not decentralized and should not be integrated into X.”</p>
<p>In response, Hoskinson clarified his position, emphasizing the technology’s alignment with broader standards and its blockchain-agnostic nature. Hoskinson clarified that he isn’t specifically proposing Cardano as a solution: “I’m referring to the w3c standard and we have a blockchain agnostic <a href="https://bitcoinist.com/cardano-sidechain-midnight-launch-soon-devnet/" target="_blank">hyperledger project</a> to issue and manage dids, anoncreds, and other parts of the identity stack. X has to have an enhanced identity solution because of its desire to become an MSB.”</p>
<p>He further argued that integrating this technology into X would enhance security, improve access control, remove bots, and streamline compliance systems, adding that “It’s in Scala like their software. It’s a easy lift and I’ll do it for free. I’m not here to shill a blockchain. I want X to be better since it’s essential public infrastructure.”</p>
<p>Ruff responded by acknowledging Hoskinson’s credentials but reiterated his concern about the dependence on blockchain technology: “My team helped launch the W3C spec, invent DIDs, and literally wrote Anoncreds, Hyperledger Indy, Aries, and Ursa. So I get it. Glad you’re not shilling a particular blockchain, but by ‘blockchain agnostic’ do you mean it still depends on some blockchain?”</p>
<p>Hoskinson replied: “Tim, I recall talking to Manu and Chris extensively throughout the years on the did standard and have been a member of DIF and the W3C for just as long. No, as you’re aware did frameworks do not require blockchains. That’s a different part of the stack and shouldn’t influence design.”</p>
<p>In support of the practical application of such technologies, Seira Yun, Founder &amp; CEO at Socious and a Cardano ambassador, highlighted their use in issuing verifiable credentials through the Socious Wallet, which leverages Hyperledger Identus and complies with W3C standards: “The Socious Wallet leverages Hyperledger Identus (formerly known as <a href="https://bitcoinist.com/cardano-is-not-dying-founder-slams-media/" target="_blank">Atala PRISM</a>), which is compatible with W3C standards. Companies and educational institutions use Socious to issue KYC verifiable credentials (VCs) as well as work and educational certificates.”</p>
<p>While a large majority of the Cardano community encouraged Elon Musk to get in touch with Hoskinson, the Tesla billionaire has not yet responded to the offer yet.</p>
<p>At press time, Cardano (ADA) traded at $0.446.</p>
<figure><img src="https://bitcoinist.com/wp-content/uploads/2024/07/ADAUSD_2024-07-17_08-09-42.png?resize=1024%2C473" alt="Cardano price" srcset="https://bitcoinist.com/wp-content/uploads/2024/07/ADAUSD_2024-07-17_08-09-42.png?resize=1024%2C473?w=3628 3628w, https://bitcoinist.com/wp-content/uploads/2024/07/ADAUSD_2024-07-17_08-09-42.png?resize=1024%2C473?w=640 640w, https://bitcoinist.com/wp-content/uploads/2024/07/ADAUSD_2024-07-17_08-09-42.png?resize=1024%2C473?w=768 768w, https://bitcoinist.com/wp-content/uploads/2024/07/ADAUSD_2024-07-17_08-09-42.png?resize=1024%2C473?w=980 980w, https://bitcoinist.com/wp-content/uploads/2024/07/ADAUSD_2024-07-17_08-09-42.png?resize=1024%2C473?w=1536 1536w, https://bitcoinist.com/wp-content/uploads/2024/07/ADAUSD_2024-07-17_08-09-42.png?resize=1024%2C473?w=2048 2048w, https://bitcoinist.com/wp-content/uploads/2024/07/ADAUSD_2024-07-17_08-09-42.png?resize=1024%2C473?w=750 750w, https://bitcoinist.com/wp-content/uploads/2024/07/ADAUSD_2024-07-17_08-09-42.png?resize=1024%2C473?w=1140 1140w, https://bitcoinist.com/wp-content/uploads/2024/07/ADAUSD_2024-07-17_08-09-42.png?resize=1024%2C473?w=3000 3000w" /><figcaption>Cardano price reclaims the 0.236 Fib, 1-day chart | Source: <a href="https://www.tradingview.com/x/bLHeUrib/" target="_blank">ADAUSD on TradingView.com</a></figcaption></figure>
<p>Featured image from YouTube, chart from TradingView.com</p>
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Bitcoinist

Cardano Founder Proposes Blockchain Solution To Elon Musk

<p><span style="background-color:rgb(255,255,255);color:rgb(13,12,34);font-family:montserrat, sans-serif;">After years of anticipation and meticulous development, the Cardano network has reached a pivotal milestone with the launch of "Real Fi." The founder of Cardano, Charles Hoskinson, is celebrating this significant achievement, marking a new era for the blockchain platform famed for its scientific approach.&nbsp;&nbsp;</span></p><p><span style="background-color:rgb(255,255,255);color:rgb(13,12,34);font-family:montserrat, sans-serif;">In a tweet, Hoskinson praised the "Realfi" team for its hard work over the years, building up to the innovation's launch.&nbsp;</span></p><p><span style="background-color:rgb(255,255,255);color:rgb(13,12,34);font-family:montserrat, sans-serif;">The Cardano founder went on to say that, in addition to a strategic alliance with World MobileTeam and Atala Prism, Realfi represents the vanguard of efforts to bank the unbanked using the Cardano Blockchain.&nbsp;</span></p><p><span style="background-color:rgb(255,255,255);color:rgb(13,12,34);font-family:montserrat, sans-serif;">John O'Connor, the CEO of RealFi, shared his excitement on the launch, which he says came after "lots of grind." He further explained the role of RealFi in making risk transparent, and making impact traceable for emerging market credit.&nbsp;</span></p><p><span style="background-color:rgb(255,255,255);color:rgb(13,12,34);font-family:montserrat, sans-serif;">As stated in an earlier IOG blog post, RealFi, through the power of blockchain and a digital identity platform like Atala, PRISM would offer a comprehensive solution to the quandary of financial exclusion. RealFi will herald a new age of on-chain credit activity, and its mission will be the creation of real financial value for real people, differentiating Cardano from other blockchain platforms.&nbsp;</span></p><p><span style="background-color:rgb(255,255,255);color:rgb(13,12,34);font-family:montserrat, sans-serif;">The implications of RealFi are vast. It promises to bridge the gap between the unbanked and the financial services they need, leveraging the power of blockchain to provide real finance targeted at the people who need new ways to access finance and thus creating that real value often missing from DeFi.&nbsp;</span></p><p><span style="background-color:rgb(255,255,255);color:rgb(13,12,34);font-family:montserrat, sans-serif;">As Cardano's RealFi innovation takes off, the industry looks forward to the transformative potential that it holds. With a community of developers, researchers and users behind it, Cardano's journey continues, promising to shape the future of finance for years to come.</span></p><p style="margin-left:0px;">About the author</p><p><a href="https://u.today/tomiwabold-olajide"><img class="image_resized" style="width:32px;" src="https://u.today/sites/default/files/2021-11/8944.jpg" alt="article image" loading="lazy"></a></p><p><a href="https://u.today/tomiwabold-olajide"><strong>Tomiwabold Olajide</strong></a><strong> - </strong>Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.</p>

U.Today

Cardano Founder Celebrates Major Network Milestone

<div>
 <p><a target="_blank" href="https://zycrypto.com/wp-content/uploads/2023/07/Cardano-Gears-Up-for-Mithril-Mainnet-Launch-Bolstering-Network-Efficiency-and-Versatility-for-ADA.jpg"><img src="https://zycrypto.com/wp-content/uploads/2023/07/Cardano-Gears-Up-for-Mithril-Mainnet-Launch-Bolstering-Network-Efficiency-and-Versatility-for-ADA.jpg" srcset="https://zycrypto.com/wp-content/uploads/2023/07/Cardano-Gears-Up-for-Mithril-Mainnet-Launch-Bolstering-Network-Efficiency-and-Versatility-for-ADA.jpg 1200w, https://zycrypto.com/wp-content/uploads/2023/07/Cardano-Gears-Up-for-Mithril-Mainnet-Launch-Bolstering-Network-Efficiency-and-Versatility-for-ADA-300x175.jpg 300w, https://zycrypto.com/wp-content/uploads/2023/07/Cardano-Gears-Up-for-Mithril-Mainnet-Launch-Bolstering-Network-Efficiency-and-Versatility-for-ADA-1024x597.jpg 1024w, https://zycrypto.com/wp-content/uploads/2023/07/Cardano-Gears-Up-for-Mithril-Mainnet-Launch-Bolstering-Network-Efficiency-and-Versatility-for-ADA-768x448.jpg 768w" alt="Cardano Gears Up for Mithril Mainnet Launch, Bolstering Network Efficiency and Versatility for ADA" title="Cardano Gears Up for Mithril Mainnet Launch, Bolstering Network Efficiency and Versatility for ADA" /></a></p>
<p>Cardano (ADA) has been making some serious moves lately, and it seems the project is finally on track for a major breakout. The price movement of ADA is highly similar to its trajectory from 2018 to 2020, with one key difference – the absence of the pandemic. This has led many analysts to predict that ADA could be gearing up for a significant rally in the coming weeks.</p>
<p>As of writing, ADA is trading at 0.54, up by over 20% in the past week alone. This impressive surge has caught the attention of many investors and traders, who are eagerly anticipating the next move for this top 10 cryptocurrency. With a market cap of over $18 billion, ADA is currently ranked as the 8th largest cryptocurrency by <a target="_blank" href="https://coinmarketcap.com/currencies/cardano/">market capitalization</a>.</p>
<h2 id="h-cardano-ecosystem-maturity-is-set-to-catapult-ada-price"><strong>Cardano ecosystem maturity is set to catapult ADA price</strong></h2>
<p>Over the past year, Cardano has strengthened its technical foundations to support its vision of inclusive, sustainable, blockchain-powered change. The Basho era focused on scaling via enhancements like Hydra and extended UTXO accounting.</p>
<p>2022 also saw Cardano deliver significant upgrades. The Vasil hard fork increased transaction throughput and sustainability in September. It laid the groundwork for new capabilities in 2023, like smart contracts running in parallel.</p>
<p>As the network matures, decentralized projects are emerging across education, identity, voting and more. Pioneering startups like World Mobile Group are collaborating to expand affordable internet access and financial inclusion via <a target="_blank" href="https://zycrypto.com/connecting-the-unconnected-cardano-to-bring-stable-internet-connectivity-to-africa-via-partnership-with-world-mobile/">Cardano in Africa</a> and beyond. </p><p><span>Advertisement</span><a target="_blank" href="https://zycryp.to/coinbase2"><img alt="Coinbase" src="https://zincable.com/wp-content/uploads/2023/10/CB_AffiliateBanner_V3_728%C3%9790.png" /></a> 
 </p>
<p>Looking ahead, Cardano aims to fulfil its potential through open partnerships. The Atala PRISM initiative makes deploying real-world solutions more accessible via user-friendly tools and frameworks. Upgrades like Alonzo White and Milkomeda will enhance interoperability between chains.</p>
<p>With all these developments, it’s no wonder ADA’s price is rising. And if history is anything to go by, we could be in for a major rally in the coming weeks. Looking back at ADA’s price movement in 2020, we can see a similar pattern of steady growth followed by a sudden surge in price.</p>
<p>If this pattern holds, we could see ADA break through the $1 resistance level and potentially reach <a target="_blank" href="https://twitter.com/ali_charts/status/1732647341918675313">$3 by 2024</a>. This would mark a significant milestone for the project and could attract even more institutional interest.</p>
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Zycrypto

5 Super Bullish Factors Positioning Cardano Ecosystem To Massive Upsurge Above $1 ADA Price

<p style="margin-left:0px;">The <a href="https://github.com/hyperledger-labs/open-enterprise-agent">Open Enterprise Agent</a> offers a scalable, robust, performant, and user-friendly platform for crafting solutions and products for decentralized identity. Built in Scala, a language known for its highly concurrent systems, it aligns with W3C standards and Hyperledger Aries RFCs, with a vision to be blockchain agnostic across the realms of self-sovereign identity (SSI).</p><p style="margin-left:0px;">Community involvement and openness are core tenets of platform stability over time. Our ambition is to enable tomorrow’s trust infrastructure across a wide variety of ecosystems.</p><p style="margin-left:0px;">We can only do that if we work together with the community to build software that has longevity so that it can be trusted by those who are building on top of it. For this reason, we created a Hyperledger Lab, where we build with the community, for the community.</p><h2 style="margin-left:0px;">Language flexibility</h2><p style="margin-left:0px;">Through a streamlined&nbsp; REST API, the Open Enterprise Agent provides the freedom to develop controllers in most programming languages for flexibility and adaptability to diverse development environments.</p><h2 style="margin-left:0px;">Built on Scala&nbsp;</h2><p style="margin-left:0px;">Built on Scala, the agent is crafted for scalability and reliability, making it an ideal choice for building highly concurrent systems.</p><h2 style="margin-left:0px;">Blockchain integration&nbsp;</h2><p style="margin-left:0px;">The agent uses the Cardano blockchain as a verifiable data registry (VDR), ensuring a high level of security, scalability, and availability.</p><h2 style="margin-left:0px;">Cloud agent design</h2><p style="margin-left:0px;">Designed as a cloud agent, the PRISM Open Enterprise Agent is designed to ensure convenience and accessibility.</p><h2 style="margin-left:0px;">Platform support</h2><p style="margin-left:0px;">The agent is a Java Virtual Machine (JVM)-based application. It can be run on various platforms, including Docker-compatible container runtime environments and physical or virtual hosts running Linux/AMD64 or Linux/ARM64.</p><h2 style="margin-left:0px;">Agent types</h2><p style="margin-left:0px;">The Open Enterprise Agent caters to diverse roles within decentralized identity ecosystems, including issuer, holder, and verifier.</p><h2 style="margin-left:0px;">Credential types</h2><p style="margin-left:0px;">The agent supports W3C JWT-VC and is in the process of implementing AnonCreds, showcasing its commitment to diverse credential formats.</p><h2 style="margin-left:0px;">DIDComm protocol support</h2><p style="margin-left:0px;">Leveraging DIDComm V2, the agent supports various protocols such as Mediator Coordinator, Issue Credential, Present Proof, Report Problem, and Routing Protocol.</p><h2 style="margin-left:0px;">The future of digital identity starts now</h2><p style="margin-left:0px;">Open Enterprise Agent, a Hyperledger Lab, enables digital identity ecosystems, leading the way into the future of decentralized identity. It stands as a versatile and powerful software agent, offering a straightforward REST API for simple integration. Its support for industry-standard protocols and commitment to interoperability makes it an ideal choice for a wide range of decentralized identity use cases.</p><p style="margin-left:0px;">Atala are thrilled with the tight-knit community that has volunteered time and effort, with constructive feedback, to assist us in fine-tuning our agent. Open sourcing the agent was the natural next step to providing total transparency and fully integrating the Atala PRISM community. Some of the early adopters of Atala PRISM are now maintainers of the Open Enterprise Agent, and we are already seeing solutions being built on top of it.</p><p style="margin-left:0px;">With the open sourcing of our agent, we are also launching a new home for our community, the <a href="https://discord.com/invite/atala">Atala PRISM Discord</a>.</p><p style="margin-left:0px;"><a href="https://discord.com/invite/atala">Join the community now</a>!</p>

Atala PRISM ($)

Atala PRISM is a decentralized identity solution that enables people to own their personal data.

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