Red Cross And Other Nonprofits Collaborate With Blockchain Startup Evernym On Digital ID

Announcements, Blockchain, News | February 4, 2019 By:

Blockchain identity startup Evernym has announced the initial recipients of its Identity for Good Initiative (ID4G).

Founded in 2013, Evernym develops software solutions that leverage cryptography and blockchain technology to establish trust in the interaction of people, organizations and things. Evernym’s Sovrin platform, which utilizes open source blockchain framework Hyperledger Indy, enables companies, institutions, and non-governmental organizations (NGO) to create and deploy new private-by-design solutions which give individuals true control and ownership of their personal data.

The company’s ID for Good Initiative, which was first announced in September 2018 in partnership with Sovrin Foundation, gives select nonprofit organizations access to its technology accelerator, which was designed to bridge the gap between an organization’s use case and the latest in digital identity technology. The accelerator regularly costs $50,000 a year and offers new technology, advanced digital identity tools, education and support for building digital ID.

The first five recipients of the ID4G initiative are The International Federation of the Red Cross, Decodes, biometric identity nonprofit iRespond, grassroots refugee empowerment group the Rohingya Project and human rights digital identity developer Tykn. The initiative will give these NGOs, which are on the frontlines of some of the world’s most pressing demands for digital identity, an opportunity to participate in a technological revolution at no cost.

“We’re happy to be bringing together NGOs, governments and commercial interests alike to increase access to necessary technologies and accelerate innovation for Self-Sovereign Identity,” said Timothy Ruff, CEO of Evernym. “Representation among the nonprofit community is essential for diversity of thought and deployments.”

The Red Cross, one of the most recognized recipients of the initiative, is the largest distributor of humanitarian cash in the world, having given out nearly $1 billion in 2017. The NGO decided to become part of ID4G largely because Evernym’s technology doesn’t store personally identifiable data on the blockchain.

“We hit the realization that we can no longer do this with a spreadsheet and beneficiary ID cards,” said Caroline Holt, head of global cash distribution, Red Cross. “We need something more sustainable, something people can establish, create, hold, and access their identities. It brings dignity, choice and economic stimulus to the local markets where humanitarian aid is needed.”