IOTA Identity v1.6-beta has been rolled out as mainnet-ready, featuring a unified and modular architecture, CoreClient interface, and support for multi-control and delegation.
The IOTA Identity aims to tackle issues of trust in digital data by combining W3C standards with IOTA MoveVM for authentication, verification, and data exchange, addressing data integrity and authenticity.
It keeps verifiable credentials off-chain for privacy, ensures data integrity and authenticity through cryptographic verification, and promotes cross-platform trust with a user-centric model, applicable across various sectors.
The development of IOTA Identity is part of a broader initiative to transform the ecosystem, with plans to deploy projects like IOTA Names, Starfish, and Keystone partnerships, targeted at real-world applications like cross-border trade data.