Identity Hubs

Identity Hubs are personal data stores that allow users to manage their identity data and credentials securely. They act as a local, user-controlled repository for verifiable credentials, personal information, and DID documents.

In the context of finance, these hubs enable traders to store their proofs of identity, transaction histories, and other relevant data locally. This prevents the centralization of user data and ensures that the user has complete control over what information is shared with which protocol.

It serves as the bridge between the user's private data and the public blockchain, facilitating private and efficient interactions.