Sphereon Wallet vs Paradym Wallet

The Sphereon Wallet is a new breed of open, privacy-preserving applications, that gives you full and sole control over your own information. It enables you to manage your own data. Your data is stored nowhere else but on your phone. Nobody else will have access unless you decide to share it with them. Only you decide if you want to share your data with someone else. It enables you to request and receive so-called Verifiable Credentials from official sources, institutions, enterprises, or other organizations. Verifiable credentials are digital records that act as proof of a person's identity, qualifications, roles, achievements, or other attributes. Examples of credentials are for example formal identities, professional certifications or licenses, college or university degrees, academic transcripts, employment records, permits, medical records or prescriptions, credit reports, insurance policies, property deeds, bank statements, travel documents, immigration documents, background checks, drug test results, security clearances, etc. The data you receive is digitally signed by the issuer, allowing the party you share your data with to easily verify that the data is authentic and has not been tampered with. Creating trust in digital transactions. Built based on open W3C Verifiable Credentials standard it guarantees interoperability with other systems to receive and share data. Functionalities offered: - Manage your own data (Credential Management) - Receive Credentials (VCs), such as qualifications, roles, achievements, or other attributes, from trusted parties - Open-Source, W3C standard-based technology Technologies used: - W3C Decentralized Identifiers (DID) - W3C Verifiable Credentials (VC) - OpenID Connect to exchange Credentials between parties - DIF Presentation Exchange - DIF Well Known DID Configuration - DIF Credential Manifest

With Paradym Wallet, you can seamlessly manage and present your digital credentials, allowing for a secure and private digital existence. Your data is stored locally on your device, meaning that you retain full control over your information and decide who you want to share it with. Key features of Paradym Wallet: - Securely receive, store, and manage verifiable credentials - Present your digital credentials for various purposes - Take full control over your personal information with self-sovereign identity Build self-sovereign identity applications with Paradym: an easy-to-use API enabling you to build future-proof identity solutions today. Visit https://paradym.id for more information.