European startups file patent for privacy-preserving digital ID system using UWB and decentralized identifiers
By
Chris Burt
Summary
Two European companies, The Hashgraph Group (Switzerland) and Truesense SRL (Italy), have jointly filed a patent application for a system called Continuous Identity Trust Infrastructure (CITI). The technology cryptographically binds physical presence to decentralized identifiers (DIDs) using ultra-wideband (UWB) sensing to create privacy-preserving, auditable, and immutable Verifiable Credentials for digital identity in regulated environments.
Source
Key quotes
· 2 pulledA pair of European companies say they have developed a way to cryptographically bind physical presence to a decentralized identifier (DID) to create privacy-preserving, auditable and immutable Verifiable Credentials that can function as digital identity for regulated environments.
Switzerland-based Web3 and AI engineering firm The Hashgraph Group and Italian ultra-wideband sensing provider Truesense SRL have jointly filed a patent application for the proprietary Continuous Identity Trust Infrastructure (CITI) they have co-developed.
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