KILT Protocol will participate in Money Motion 2025
- DDDOriginal
- 2025-03-18 10:18:14904browse
KILT Protocol will participate in Money Motion 2025, scheduled for March 27-28 in Zagreb. Ingo Rübe, representing KILT Protocol, will join industry leaders on the panel titled “The currency you didn’t know you were spending: digital identity” to discuss developments in digital identity.
KILT Protocol will participate in Money Motion 2025, scheduled for March 27-28 in Zagreb. As the premier event for the payments and financial technology industry in Southeastern Europe, Money Motion 2025 will bring together leading experts and innovators to discuss the latest trends and challenges facing the industry.
This year, the event will feature a panel titled “The currency you didn't know you were spending: digital identity,” where industry leaders will discuss the role of digital identity in the evolving financial landscape. Among the panelists is Ingo Rübe, who will be representing KILT Protocol.
KILT is an open-source blockchain protocol designed to issue claims-based credentials in Web 3.0 with the aim of restoring individual privacy and enabling new business models in the identity economy. The protocol, which is established on Parity Substrate and launched as a Kusama parachain in September 2021, promotes data privacy by enabling users to represent their digital identities without revealing more than they wish to.
KILT has integrations with Kusama, Polkadot, and various sectors such as gaming, NFTs, DeFi, DEXs, energy, health care, and banking. It also achieved full parachain status in November 2021.
At the core of KILT's digital identity system are two components: a Digital Identifier (DID) and Verifiable Credentials (VCs) that are linked to this identifier. Credentials are issued by an Attester, who can be any trusted authority, and they are fully controlled by the recipient, known as the Claimer. Unlike traditional identity systems, KILT does not store personal data on the blockchain. Instead, only hash values of the data are saved on the blockchain, while the user's data remains in their Credential, under their control.
This blockchain system enables users to easily prove the authenticity and validity of their Credential using these hashes. Additionally, Attesters can generate a new hash to effectively revoke the Credential if necessary.
The KILT token is multifunctional, providing on-chain utility for governance, fee payment, and staking. It can also be used for off-chain purposes such as payment processing in various use cases.
Those interested in learning more about KILT Protocol can visit the official website or follow the team on X (formerly Twitter) for the latest updates and announcements.
KILT is an open-source blockchain protocol designed to issue claims-based credentials in Web 3.0 with the aim of restoring individual privacy and enabling new business models in the identity economy. The protocol, which is established on Parity Substrate and launched as a Kusama parachain in September 2021, promotes data privacy by enabling users to represent their digital identities without revealing more than they wish to.
KILT has integrations with Kusama, Polkadot, and various sectors such as gaming, NFTs, DeFi, DEXs, energy, health care, and banking. It also achieved full parachain status in November 2021.
At the core of KILT's digital identity system are two components: a Digital Identifier (DID) and Verifiable Credentials (VCs) that are linked to this identifier. Credentials are issued by an Attester, who can be any trusted authority, and they are fully controlled by the recipient, known as the Claimer. Unlike traditional identity systems, KILT does not store personal data on the blockchain. Instead, only hash values of the data are saved on the blockchain, while the user's data remains in their Credential, under their control.
This blockchain system enables users to easily prove the authenticity and validity of their Credential using these hashes. Additionally, Attesters can generate a new hash to effectively revoke the Credential if necessary.
The KILT token is multifunctional, providing on-chain utility for governance, fee payment, and staking. It can also be used for off-chain purposes such as payment processing in various use cases.
Those interested in learning more about KILT Protocol can visit the official website or follow the team on X for the latest updates and announcements.refer to the official tweet by KILT:
KILT will participate in Money Motion 2025, the premier event for the payments and financial technology industry in Southeastern Europe. The event will take place on March 27-28 in Zagreb, Croatia.
This year's program features a panel titled "The currency you didn't know you were spending: digital identity," where leading experts will discuss the role of digital identity in the evolving financial landscape.
The panel will be moderated by Ena Dragičević, Head of Operations at Avast, and the panelists include:
• Ingo Rübe, representing KILT Protocol
The panel discussion will take place on Thursday, March 27, from 16:00 to 17:00 CET in the Garden Hall.
Money Motion 2025 will bring together key players from the payments and financial
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