The Cardano Foundation Unveils Veridian: A New Digital Identity Platform
The Cardano Foundation has officially launched Veridian, an open-source digital identity platform that is now available on iOS and Android. The platform aims to give users complete control over their digital identity, whether they are individuals or organizations.
Introduced alongside its first product, Veridian Wallet, the platform puts users in complete control of their digital presence, delivering verifiable credentials and robust data security.
Veridian enables the management of credentials and private keys directly from your phone, without having to rely on third-party services. This means that all control is in the hands of the user. Imagine if our ID cards, licenses, and even our education history could be stored securely in one place and only we could access or share them—that’s what Veridian offers.
Redefining Digital Trust With Veridian’s Secure Framework
Trust is becoming increasingly scarce in an increasingly digital world. Too many people are asked to “trust” systems they don’t even understand. Well, Veridian is trying to turn things around. With technologies like Key Event Receipt Infrastructure (KERI) and Authentic Chained Data Container (ACDC), Veridian ensures that user data can only be accessed authentically and securely.
Not only that, Cardano implements a post-quantum security approach to keep the platform relevant in the future. So, even if supercomputers start to run rampant, Veridian still has a shield.
Scaling Trust Without Compromising Accessibility
Veridian is not just about digital credentials, but about building trust. This platform offers full transparency because its infrastructure is public-based and its protocols are open. If usually digital identity systems are built behind a dark and unauditable screen, Veridian is the opposite—it is bright and clear.
And when it comes to scalability, Cardano seems to know very well that big projects will be in vain if they cannot be used widely and efficiently. Therefore, Veridian is designed to be cost-effective and reliable, even by large institutions.
From Bitcoin to Brazil: Cardano’s Expanding Influence
On the other hand, CNF previously reported that Cardano CEO Charles Hoskinson had revealed his ambitious plan to bridge Hydra—Cardano’s scaling solution—with the Bitcoin Lightning Network. The combination of the two technologies aims to create a trustless recursive bridge.
If successful, cross-blockchain transactions can be fast, cheap, and secure, without having to deal with slow traditional systems.
Furthermore, the Cardano Foundation has also established a strategic partnership with SERPRO, a Brazilian government-owned information technology company. The collaboration, announced in March 2025, is focused on accelerating blockchain adoption in the public sector, especially in Brazil as the largest country in Latin America. Imagine if the entire government administration system could be accessed with a verified digital identity—it would certainly be much more practical and transparent.
Whale Activity Hints at What’s Next for ADA
Moving on to the market side, the activity of large investors, aka whales, on the Cardano network also shows something interesting. In January 2025, it was recorded that around 120 million ADA tokens were purchased since January 19, with an estimated value of close to $100 million. Historically, this amount of accumulation is often a sign of an impending price surge.
However, this does not mean that the increase will occur in the near future. Some analysts predict that ADA could still fall to around $0.50 before having the opportunity to soar to $3 this year.
Meanwhile, based on the latest data, the ADA token is trading at about $0.6545 with an increase of around 0.54% in the last 24 hours. Its daily transaction volume is also quite active, at about $808.98 million.