Kilt: 75% |
Review Date: March 21, 2021
KILT is a blockchain protocol for issuing self-sovereign verifiable, revocable, anonymous credentials and enabling
trust market business models in Web 3.0. In simplified terms, it provides a distributed online trust market to enable
solutions for managing trust relationships on the internet. In contrast to many blockchain based protocols for self-
sovereign identity, KILT considers identity as the first generic use case for their protocol, focusing on enabling new
business models for anyone who owns trust or wants to build up trust. The protocol provides a set of functionalities
and an infrastructure to build both simple and complex trust solutions.
Being part of the Polkadot ecosystem, KILT is still in its early stages while being already a few years old. The first
version of the whitepaper was released in 2018 and the solution has been in development since then and is still
showing great activity. The project is in good hands as the team working on building it is large and experienced. The
project will participate in the upcoming Parachain auction process and looks well-prepared to earn a spot to launch
their mainnet on Kusama. No token associated with the project has been released yet, so we will keep an eye on it
for any possible opportunity.
