Inrupt Launches Innovative Data Wallet for Enterprises and Governments

Slice of Technology Team

07/29/2024

Key Highlights:

Inrupt’s Data Wallet supports a wide variety of data types and user consent mechanisms.
Empowers individuals with control over their personal data in a Web 3.0 world.
Built on the Solid protocol, ensuring secure, interoperable data management.
Supports global initiatives like the EU’s Digital Identity Wallet for standardization.
Enables seamless data sharing across apps, services, and AI systems.

Source (Business Wire)

Quotes

“ “It’s clear that digital wallets are the new basecamp for a huge variety of digital activities. Inrupt will always build technology intended to benefit the many, and our Data Wallet is the most important example yet.” ”

Sir Tim Berners-Lee, CTO and Co-founder at Inrupt

Our Take:

The launch of Inrupt’s Data Wallet marks a significant evolution in the digital wallet landscape, shifting focus from purely financial transactions to a broader, user-centric approach to data management. By leveraging the Solid protocol, Inrupt ensures that data privacy, security, and user consent are at the forefront, aligning with the global trend towards digital identity standardization. This innovation not only enhances user trust but also opens up new possibilities for enterprises and governments to build more meaningful, data-driven relationships with their customers and citizens. As digital wallets become integral to our digital lives, Inrupt’s Data Wallet is poised to be a key player in the transition to a more secure and user-empowered web ecosystem.

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