Description
Hydraledger (HYD) is a decentralized permissionless cross-chain infrastructure for self-sovereign identity.
With the use of SSI (self-sovereign identity), persons, organizations, as well as things, receive the possibility of managing their digital identity themselves, to control it, and to determine which personal attributes are to be transmitted in the course of an authentication process.
The basis is formed by DIDs (decentralized identifiers), which are created by SSI owners themselves and then ? following certification by an issuer (e.g. the postal service) ? can be used referenced and as verifiable proof, so-called VCs (verified credentials).
Stored in a type of electronic wallet (ID wallet), DIDs and credentials can then be used just like ID or certificates in the analog world to securely transmit verifiable data from one point to another.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, Hydraledger has established itself as a formidable player. It is currently ranked #24,629 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Hydraledger as a viable digital asset.
Wallet Support
In order to securely store your Hydraledger tokens, you can use a variety of wallets such as MetaMask, Trust Wallet, MyEtherWallet, Ledger, Trezor. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade Hydraledger, you can use various popular exchanges such as ArkenSwap. These platforms offer a seamless experience and allow you to manage your investments in Hydraledger with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
