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Ecosystems

In the Hovi platform, an ecosystem refers to a decentralized network where tenants can issue, verify, and manage digital credentials. Each ecosystem operates independently and is built on decentralized technologies, ensuring the secure exchange of identity data without reliance on centralized providers like traditional platforms.

Key Features of Hovi Ecosystems

  1. Decentralization: Each ecosystem operates independently on a decentralized network, ensuring that identity data and credentials are secure, tamper-proof, and private.
  2. Customizable Networks: Hovi allows users to choose from various decentralized networks based on their specific use cases. Supported networks include OpenID, Privado.ID, Cheqd, Indicio, and Sovrin. Each network supports specific communication protocols and credential types.
  3. Interoperability: Credentials and verification templates created within one ecosystem can be shared, verified, and reused across multiple platforms and identity systems.
  4. Scalability: Ecosystems can accommodate various tenants and workflows, making them flexible for businesses of all sizes.

How Do Ecosystems Work in Hovi?

Traditional System (Centralized Platforms)

In a typical centralized system, user data is stored and controlled within siloed databases by specific platforms. When using Single Sign-On (SSO) options, applications rely on these platforms to authenticate users. This centralized control limits data portability and compromises privacy, as users must depend on third-party services to share their information.

Hovi's Ecosystem (Self-Sovereign Identity)

Hovi's ecosystems work on the principles of Self-Sovereign Identity (SSI), where users and organizations have complete control over their identity data. They can share credentials directly with other parties without relying on centralized intermediaries.

For example, a university can issue a digital diploma to a graduate, which the graduate stores in their digital wallet. When applying for a job, the graduate can directly share the diploma with the employer, who can verify it without the need for any third-party platform. This process ensures data privacy, security, and user control over personal information.

Supported Ecosystems in Hovi

Hovi integrates with a variety of decentralized ecosystems, each designed to support the issuance, verification, and secure storage of verifiable credentials. The supported ecosystems include:

Each of these ecosystems operates on different decentralized networks, but all support the issuance, verification, and secure storage of verifiable credentials.