Blockchain for Identity

Discover how web3 is emerging in the Identity industry.

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What challenges face the Identity industry?

The Identity industry faces a few key challenges including: Data Privacy, Verification, and Authenticity.

Data Privacy

Data privacy concerns are escalating as personal data becomes susceptible to unauthorized access, potentially leading to identity theft and confidentiality breaches.

Verification

The issue with verification processes lies in the potential occurrence of false positives or negatives, which can lead to inaccurate outcomes and decisions.

Authenticity

A lack of trust and confidence can undermine an individual or entity's perceived authenticity and dependability.

Anything that we can conceive of as a supply chain, blockchain can vastly improve its efficiency - it doesn’t matter if its people, numbers, data, money.

Ginni Rometty

Former CEO

,

IBM

What are use cases for blockchain in the Identity industry?

Blockchain can be used to solve problems in the Identity industry including Digital Identity, Credentialing, and Payments.

Digital Identity

Blockchain technology can be utilized for digital identity, securely storing and verifying personal information, empowering individuals with control over their data, and aiding in preventing identity theft.

Credentialing

Blockchain technology can be harnessed for credentialing, securely and transparently verifying and storing digital credentials. This eliminates the need for centralized authorities and reduces the likelihood of fraud.

Payments

Blockchain technology can revolutionize payments by providing a decentralized, transparent, and secure mechanism. It facilitates the transfer of value without intermediaries, enhancing efficiency and trust.

How can Alchemy help Identity companies with their blockchain strategy?

Alchemy's team of blockchain experts and enterprise-grade web3 development platform can help Identity companies plan, build, and scale new blockchain initiatives.

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NFT API

Launch, verify, and analyze NFTs more efficiently and at no cost.

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Spearmint

A free, automated web3 allowlist platform for community founders and prospective members.

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Subgraphs

Alchemy Subgraphs is a blockchain indexing platform with drop-in support for hosted subgraphs.

With Privy's embedded wallets and Alchemy's Account Abstraction APIs, developers can abstract away the complexity of creating a wallet, managing a seed phrase, paying gas -- all without compromising self-custody or decentralization.

Henri Stern

CEO & Co-founder

,

Privy

Continue learning about enterprise blockchain solutions

Read overviews written by Alchemy's team of research analysts to discover ways enterprises in the Identity industry are using blockchain.

Enterprise Blockchain FAQs

Does Alchemy support permissioned blockchains?

Alchemy's supported blockchains include Layer 1s like Ethereum, Solana, and Astar, Layer 2s including Arbitrum, Starknet, Polygon zkEVM, and Optimism, as well as Polygon's PoS sidechain. Alchemy also supports Goerli, Sepolia, and Mumbai testnets. If you are interested in running a permissioned blockchain, contact our team of experts!

How can I get started building with Alchemy?

You can start building on Alchemy immediately!  Alchemy boasts the most comprehensive free tier in all of web3 development. From core node RPC services, to enhanced APIs and account abstraction infra, Alchemy's free tier has a robust set of tools and lots of capacity to start building right away. If you need more advanced tools, higher throughput, or more monthly compute units, Growth and Scale Tiers are self-serve starting at $49/month and $199/month respectively. For custom plans and enterprise SLAs, please contact our sales team!

Who can help me figure out my enterprise web3 stack?

The Alchemy Sales Team is available to answer any and all questions about the infrastructure and tooling your company needs to bring a production-ready web3 strategy to market. To get started, book a time with an expert!

Does Alchemy offer consulting services?

Alchemy does not offer formal consulting services, but our team of experts are ready to help you think through important product and infrastructure considerations. Contact a member of our sales team to start the conversation!

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Need guidance exploring web3 strategies, evaluating trusted partners, or scaling blockchain initiatives? Our team of experts is ready to help!

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