Source: Regtech Analyst
Truvity, renowned for its mission to instil instant trust and simplify inter-business collaboration, has made its initial public funding revelation.
The startup has announced a total funding amounting to €8m and has publicly emerged from stealth mode. Alongside this, Truvity has launched its first product— a platform equipped with SDK and API designed for application developers keen on incorporating Self Sovereign Identity (SSI) technologies.
The raised investment of €8m was utilised to develop Truvity’s Self-Sovereign Identity (SSI) toolkit. The toolkit empowers businesses and individuals to create their own digital identity ecosystems in a secure and straightforward manner. This initiative includes immediate identification and verification adhering to SSI principles. Consequently, companies and individuals gain complete control over their data through their digital wallets and reusable verified credentials…
Read full article: https://member.regtechanalyst.com/truvity-leverages-e8m-investment-to-push-self-sovereign-identity-into-mainstream/
