Chain Partners Joins the Sovrin Foundation as a Founding Steward
Salt Lake City, Jan. 22, 2019 (GLOBE NEWSWIRE) — The Sovrin Foundation, the international nonprofit that administers the Sovrin Network, today announced it has welcomed Chain Partners, CynjaTech, NEC, and Tech Systems Limited as its newest Founding Stewards. These organizations are dedicated to enabling self-sovereign identity for all and join a diverse ecosystem of more than 60 organizations around the world that help support the operation of the Sovrin Network—a decentralized network allowing identity holders to personally manage their own digital identifications.
“The number and variety of industries joining the Sovrin Network as Stewards, and their spread across the globe are increasing evidence of a global revolution in digital identity,” said Heather Dahl, Executive Director & CEO of the Sovrin Foundation. “We at the Foundation, believe in a world where self-sovereign identity is available to all, allowing people to own and control their identity in the same way they do offline. We are grateful for our Stewards that help make this mission possible as they continue to strengthen the security and reliability of the Sovrin Network.”
Chain Partners is a global blockchain company builder in South Korea and the first Steward in the Korean peninsula. The organization’s primary business areas include cryptocurrency exchange, blockchain advisory, cryptocurrency payments, financial services, blockchain media, education, and research and development. Its expertise in blockchain-related technologies makes Chain Partners a valuable asset to the Sovrin community.
“For the first time in history, every man, woman, and child (or organization) can have their very own self-sovereign digital identity,” said Richard Kim, Vice President of Chain Partners. “Chain Partners is honored to be selected as a Sovrin Steward, and our team aims to leverage our previous experiences in blockchain to bring sustainable, value-creating outcomes in the Sovrin ecosystem.”
Chain Partners, CynjaTech, NEC, Tech Systems Limited, and all other Stewards have agreed to abide by the principles and requirements established in the Sovrin Governance Framework, the legal foundation of the Sovrin Network.
ABOUT THE SOVRIN FOUNDATION
The Sovrin Foundation is a nonprofit organization established to administer the Governance Framework governing the Sovrin Network, a decentralized global public network enabling self-sovereign identity on the internet. The Sovrin Network is an open source project operated by independent Stewards and uses the power of a distributed ledger to give every person, organization, and thing the ability to own and control their own permanent digital identity.
Source : Global News wire