BaaSid, short for Blockchain as a Service for ID, is a blockchain based network for securing personal authentication data. BaaSid divides and redistributes data related to personal information on a blockchain and does not rely on a centralized database to store this sensitive information. The network is powered by the Ethereum-based BAAS token.

SelfKey is developing a blockchain-based self-sovereign identity ecosystem. Their decentralized identity management solutions are designed to allow users to better control their personal information, while also facilitating KYC procedures for a variety of purposes. SelfKey's platform revolves around the concept of Proof Of Reputational Stake, which requires users to stake Ethereum-based KEY tokens to participate in the network. Smart contracts release the staked tokens when the user leaves the ecosystem