As part of a partnership between BEEAH and The Hashgraph, the Hedera-backed IDTrust platform will first be implemented internally for employee and partner identity management. The deployment positions BEEAH as a MENA leader in decentralized identity solutions, demonstrating Hedera-powered secure digital authentication. Swiss-based Web3 technology engineering company, The Hashgraph Group (THG), which is also part [...]]]>As part of a partnership between BEEAH and The Hashgraph, the Hedera-backed IDTrust platform will first be implemented internally for employee and partner identity management. The deployment positions BEEAH as a MENA leader in decentralized identity solutions, demonstrating Hedera-powered secure digital authentication. Swiss-based Web3 technology engineering company, The Hashgraph Group (THG), which is also part [...]]]>

Hedera Powers Self-Sovereign Digital Identity in the Middle East with BEEAH Group Partnership

For feedback or concerns regarding this content, please contact us at [email protected]
  • As part of a partnership between BEEAH and The Hashgraph, the Hedera-backed IDTrust platform will first be implemented internally for employee and partner identity management.
  • The deployment positions BEEAH as a MENA leader in decentralized identity solutions, demonstrating Hedera-powered secure digital authentication.

Swiss-based Web3 technology engineering company, The Hashgraph Group (THG), which is also part of the Hedera ecosystem, joined hands with UAE-based BEEAH Group in efforts to bring the region’s first decentralized digital identity (DID) solution. This will allow unified and secure access to digital identity across BEEAH’s diverse services and businesses.

BEEAH Partners with Hedera to Launch Enterprise-Grade Identity Platform

BEEAH, the UAE-based diversified group, has partnered with The Hashgraph Association (THA) under its Enterprise Accelerator Program to deploy IDTrust, Hedera’s enterprise-grade self-sovereign identity platform built on distributed ledger technology (DLT). The Hashgraph Group supported a similar e-ID initiative in Switzerland, powered by Hedera’s ID Trust solutions, as mentioned in our previous post.

The rollout represents a key milestone in BEEAH’s digital transformation journey, aiming to establish a connected, trusted, and privacy-focused ecosystem across its core sectors. This includes environmental services, energy, real estate, technology, and healthcare.

The rollout of IDTrust will follow a phased approach, starting with BEEAH’s internal operations, which include identity management for employees and partners. It will then expand across all BEEAH entities and initiatives, including smart real estate communities, healthcare facilities, and environmental services platforms.

In the subsequent phases, BEEAH will explore wider collaboration with government bodies and city-wide stakeholders in the UAE. This will position them as a regional leader in decentralized identity adoption. Speaking on the development, Kamal Youssefi, President of The Hashgraph Association, stated:

Using IDTrust Platform For Self-Sovereignty

BEEAH is set to implement the enterprise-grade IDTrust platform as a secure, privacy-first self-sovereign identity (SSI) solution across its operations and ecosystem. Developed and operated by The Hashgraph Group (THG), IDTrust leverages quantum-secure cryptography to verify identities, enabling trusted issuance of credentials, KYC checks, etc.

The deployment positions BEEAH as a regional leader in decentralized identity solutions. It showcases how Hedera-powered technology can drive secure, efficient digital authentication and support sustainable innovation in governance and services.

According to Grandview Research, the global decentralized digital identity market was valued at USD 647.8 million in 2022 and is projected to reach USD 102 billion by 2030, expanding at a CAGR of 90.3%.

]]>
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

HOT MOMENTS: FOMC Statement Released Following the Fed Interest Rate Decision – Here Are All the Details of the Full Text

HOT MOMENTS: FOMC Statement Released Following the Fed Interest Rate Decision – Here Are All the Details of the Full Text

The post HOT MOMENTS: FOMC Statement Released Following the Fed Interest Rate Decision – Here Are All the Details of the Full Text appeared on BitcoinEthereumNews.com. The Fed has resumed interest rate cuts after a nine-month hiatus, lowering the federal funds rate by 25 basis points to a range of 4% to 4.25%. According to the “dot plot” projection reflected in the decision text, two additional interest rate cuts are envisaged in 2025. While 9 out of 19 officials expected two more interest rate cuts this year, 2 predicted a single cut, and 6 predicted no additional cuts. Newly appointed Fed Board member Stephen I. Miran dissented from the decision, voting for a stronger 50 basis point cut. The decision noted that economic growth slowed in the first half of the year, employment growth slowed, and the unemployment rate rose slightly. It also noted that inflation had begun to rise but remained high. While reiterating that it maintains its long-term targets of maximum employment and 2% inflation, the Fed noted that uncertainties regarding the economic outlook remain high. The statement read, “The Committee assesses that downside risks to employment have increased, in line with the balance of risks.” The statement stated that interest rate policy will be reshaped in the coming period, taking into account future data, the economic outlook, and the balance of risks. It also noted that the reduction in holdings of Treasury bonds, corporate debt instruments, and mortgage-backed securities will continue. The resolution was supported by Fed Chair Jerome Powell, Vice Chair John C. Williams, and board members Michael S. Barr, Michelle W. Bowman, Susan M. Collins, Lisa D. Cook, Austan D. Goolsbee, Philip N. Jefferson, Alberto G. Musalem, Jeffrey R. Schmid, and Christopher J. Waller. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/hot-moments-fomc-statement-released-following-the-fed-interest-rate-decision-here-are-all-the-details-of-the-full-text/
Share
BitcoinEthereumNews2025/09/18 14:18
Midnight is Predicted to Drop to $0.042605 By Mar 15, 2026

Midnight is Predicted to Drop to $0.042605 By Mar 15, 2026

The post Midnight is Predicted to Drop to $0.042605 By Mar 15, 2026 appeared on BitcoinEthereumNews.com. Disclaimer: This is not investment advice. The information
Share
BitcoinEthereumNews2026/03/10 22:10
Whale Already Holding Long Position Buys ETH, Price Spike?

Whale Already Holding Long Position Buys ETH, Price Spike?

A crypto whale has accumulated ETH by spending USDT. Another whale had earlier withdrawn BTC from platforms. Both actions have triggered speculation around the
Share
Thenewscrypto2026/03/10 18:59