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CREX24
Metadium is an ecosystem built on a public identity blockchain.Our vision is to create a free world through self-sovereign identity.The Self-Sovereign Identity (SSI) model enables individuals to not only possess sole ownership of their online and offline identities, but also to control the sharing and distribution of their personal data without intermediary.
The best way to implement an SSI ecosystem would be through blockchain technology, which provides individuals with the ownership of their personal data. Metadium blockchain is a decentralized storage of value. The proofs of each user's verified information will be stored in the Metadium public blockchain, while personal information will be stored only on the user's device.
Q3 2018
Q4 2018
Q2 2019
Q4 2019
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Strength and Opportunities:
The list of Metadium investors is very impressive and includes famous venture capital firms such as 500 Startups. Metadium provides a decentralized alternative for identity verification compared to the centralized API that companies such as Facebook, Twitter and Google offer. Decentralization helps to prevent identity theft. Further, blockchain technology helps to prevent data breaches. Metadium counts with a clear token model. It becomes obvious how the token can be used.
Weaknesses and Threats:
Building digital identities is one of the trending topics in blockchain technology which is the reason for a lot of competition. uPort and Endpass are building identity solutions for the Ethereum blockchain. TheKey is an identity verification solution for the Neo platform. On top there are other independent platforms such as selfkey.org or Sovrin.
Verdict:
The high number of blockchain projects that work on an identity management solution confirms the market need for this problem. At the same time the large competition makes it hard to succeed in this market. Metadium has the advantage of very strong private investors. Eventually, the long term success will depend on the execution of the team and the market adoption by developers and customers.
