KILT Protocol
KILT
KILT Protocol (KILT) Feed: Events, News & Roadmap
KILT Protocol to Participate in Virtual Meetup on April 25th
KILT Protocol’s representative, Ingø Rübe, is scheduled to participate in CoinGecko’s virtual meetup on April 25th. The discussion will revolve around…
KILT Protocol to Hold Credential Revocation on October 16th
KILT Protocol has announced that SocialKYC credentials on its platform will be valid for a period of one year. This is to ensure that the credentials …
KILT Protocol to Participate in House of Chaos in Berlin on September 14th
KILT Protocol is set to participate in the upcoming House Of Chaos event on September 14th. This event, which is part of both Berlin Blockchain Week a…
Ad Filtering Dev Summit in Amsterdam, Netherlands
Tomorrow at 1pm CEST ingoruebe will talk about "Web3: Regaining Control of Your Data" at Ad Filtering Dev Summit in Amsterdam
AMA on Discord
Polkadot Ecosystem Talks in Berlin, Germany
WEB3 for Enterprise
DIDsign Demo
AMA on Telegram
AMA
AMA on Hillrise Group Telegram
KILT Protocol Events on the Chart
What is KILT Protocol?
KILT is an open-source blockchain protocol designed to issue claims-based credentials in Web 3.0, aiming to restore individual privacy and foster innovative business models centered on identity. Established on Parity Substrate and launched as a Kusama parachain in September 2021, the platform promotes data privacy, allowing users to represent their digital identities without unnecessary disclosure. KILT has integrations with Kusama, Polkadot, and sectors like gaming, NFTs, DeFi, DEXs, energy, health care, and banking. It became a fully decentralized parachain in November 2021.
At the heart of KILT’s digital identity system are two components: a Digital Identifier (DID) and Verifiable Credentials (VCs) connected to this identifier. An Attester, or trusted authority, issues Credentials, which are entirely controlled by the recipient (the Claimer). Unlike traditional systems, KILT refrains from storing personal data on the blockchain. Instead, only hash values are saved, ensuring the user’s data remains in their Credential, under their control. This blockchain system empowers users to prove the authenticity and validity of their Credential through these hashes. Furthermore, Attesters can generate a new hash, effectively revoking the Credential when required.
KILT’s native token is multifunctional, catering to on-chain utility, payment processing, and staking.