Key State Capital Launches Web of Trust Map to Track Global Decentralized Digital ID Projects

New platform compiles data on public and private sector projects, regulatory shifts, and emerging security frameworks that are shaping digital identity solutions.

Switzerland, March 22, 2025 — Key State Capital has introduced the Web of Trust Map, a publicly accessible database tracking decentralized identity initiatives worldwide. The platform compiles data on public and private sector projects, regulatory shifts, and emerging security frameworks shaping digital identity.

The Web of Trust Map provides data on 3,600 private entities, 3,500 individuals, 1,120 public institutions, more than 270 decentralized identity projects, 140 blockchains, and over 35 industry consortia. The initiative is designed to support researchers, policymakers, regulators, and investors assessing developments in the digital identity ecosystem.

Key State Capital launched the platform as digital identity solutions gain adoption in different regions. Over the past decade, at least 98 countries have introduced or announced programs ranging from government-backed eID systems to decentralized identity frameworks. Regulatory efforts are advancing, with the United Nations’ UN Digital ID initiative and the European Union’s eIDAS 2.0 regulation working to establish interoperable identity verification frameworks.

“The Web of Trust Map offers a structured overview of decentralized identity initiatives,” said Thibault Serlet of Key State Capital. “Privacy, security, and regulatory oversight remain key considerations in digital identity, and this database provides access to information that reflects these challenges.”

In 2024, U.S. businesses reported $42 billion in fraud-related losses, more than double the total recorded in 2021. The increasing sophistication of digital fraud schemes, identity theft, and data breaches has led governments and enterprises to examine decentralized identity frameworks as an alternative to centralized databases.

While digital identity solutions present security advantages, some experts warn that government-controlled digital ID systems could enable mass surveillance, financial censorship, and restricted access to essential services. India’s Aadhaar system, which suffered data breaches due to centralized storage, has raised concerns about privacy risks associated with such frameworks.

“Financial institutions and technology companies are working toward interoperability in digital identity,” Serlet added. “The EU’s Digital Identity Wallet, China’s digital payment infrastructure, and the U.S. Improving Digital Identity Act illustrate the role identity verification plays in financial transactions and regulatory compliance.”

Industry leaders are developing common standards to balance security and interoperability. Organizations such as the Open Wallet Foundation are working on guidelines aimed at ensuring decentralized identity frameworks protect user privacy while enabling secure transactions.

“Digital identity is closely linked to financial systems and regulatory compliance,” said Serlet. “As digital transactions increase, privacy and security remain central concerns. The Web of Trust Map compiles relevant data to help stakeholders understand key developments.”

Technologies such as zero-knowledge proofs, verifiable credentials, and blockchain-based authentication are being applied to identity verification, offering methods that enhance privacy by limiting the amount of personal data exposed during verification processes.

Key State Capital developed the Web of Trust Map to provide researchers, developers, and regulators with an information hub on decentralized identity initiatives. The platform includes interactive visualizations, regulatory updates, and insights into government programs and industry collaborations.

“The Web of Trust Map was created to provide transparency and insight into digital identity solutions,” Serlet said. “Security, privacy, and interoperability continue to shape the development of these technologies.”

The Web of Trust Map is now live and accessible at weboftrust.org.

About Key State Capital

Key State Capital is a venture capital syndicate focused on decentralized identity, verifiable data, and digital security. The firm invests in technologies that enhance privacy, cybersecurity, and trust in the digital economy. Its portfolio includes solutions in zero-trust protocols, cryptographic authentication, AI-driven verification, and secure communications.

Through research, strategic partnerships, and investment, Key State Capital supports privacy-preserving digital identity frameworks that improve interoperability, prevent fraud, and safeguard against centralized control.

For more information, visit http://keystate.capital/

Contact Info:
Name: Thibault Serlet
Email: Send Email
Organization: Key State Capital
Website: http://keystate.capital/

Release ID: 89155912

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