what is Hyperledger Indy

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What is Hyperledger Indy
blockchainexpert.uk
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• INTRODUCTION

Hyperledger Indy is one of the blockchain
projects carried out by the Hyperledger platform
powered by the Linux Foundation. Its mainly a
collection of projects made for decentralized
identity and also a privatized distributed
ledger. Hyperledger Indy is the latest tech that
got a promotion from incubation to active status.
Moreover, with Hyperledger Indy, users can create
digital identities with the help of a special
library provided by indy that can be used as a
key to access the private indy blockchain. Moreov
er, the Hyperledger Indy architecture is
providing extensive tools, with the latest
library support. The best part is that each
identity is made up of Hyperledger Indy
architecture as well as its artefacts and it is
cross-operational across multiple platforms and
applications. Thus, it means that the users
alone can access the indy blockchain with a ban
on trespassers on a particular account.
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• ARCHITECTURE OF HYPERLEDGER INDY

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HOLDER The holder is also an entity that
controls one or more credentials. It can be a
person or even a device. ISSUER An entity who
creates verifiable credentials associates it with
a particular subject and transmits it to a
holder. Issuers represent who request private
identity inside a private blockchain INSPECTOR-VER
IFIER Inspector verifier denotes the person who
accepts multiple verifiable credentials(specified
by a proof request) for processing. Verifiers
include employers, security personnel, and
websites IDENTITY_REGITRY Mediates the creation
and verification of subject identifiers.
Identifier registries include the all-digital
identity documents of the user. It holds the
record of the identity of a single user
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Key Features of Hyperledger Indy Self-sovereignty
Hyperledger Indy framework stores identities on
a distributed ledger. There are special artefacts
which are used to manage identities(credentials.
Basically, these artefacts will include
cryptographic materials, such as public keys,
certificates and many more and the owner of the
key can do any action in the blockchain Privacy
By default, the platform will make sure all your
privacy. In reality, the Hyperledger Indy will
make sure to contempt the privacy and how it can
operate smoothly with any third party. Moreover,
a user can experience excessive security features
in a decentralized system. Verifiable claims The
identity claims may have similar private
documents of a person such as in driving license
or birth certificate or in the passport. But you
can combine all the variable identities to make
it a single reusable identity. Thus by making all
identities altogether, one can also provide the
ease of carrying a single id.
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Purpose-built Its purely built for identity
management in the decentralized network.
Hyperledger Indy can be integrated with any
organization's existing software that needs to
enhance the identity-related section. So, the
users dont have to go for any other solution, it
allows users to incorporate with the existing
platform. Decentralized Identifiers
(DIDs) According to the Hyperledger Indy, all
the decentralized identities are unique in nature
and no need any third party or centralized system
in between. Therefore, every user on the platform
will have a unique identity that will belong to a
single user. Identity Correlation-resistant Hype
rledger Indy is an identity correlation-resistant.
So, the user doesnt have to worry about leaving
any gap from one ID to another. Moreover, theres
exists the least possibility of the platform
getting connected two or more IDs. Similarly, the
platform will not get connected if its two
similar identifications for a single user in the
ledger.
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User Benefits of Hyperledger Indy Control Users
gain supreme authority over their
identity. Transparency The information is
accessible to all.No matter the information gets
encrypted. Access Restricted access. For
instance, only users get through decrypted
data. Interoperability Users can share
identities across the network where they have
access. Consent Approval setting for accessing
pertinent information. Existence User gains
independent and full existence on the
ledger. Longevity Identity remains for a longer
run on the ledger. It prolongs until the user
deletes their identities. Portability It is easy
for users to send their IDs to other
devices. Protection Always adheres to data and
user rights.
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Hyperledger Indy
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