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Pillar is developing a decentralized solution for data management that will be centered around the Pillar wallet. Their goal is for the wallet to evolve to include other online services that are based on centralized servers. Pillar Wallet will provide a platform where personal information is managed securely from the user's phone, where they will be able to verify their identity, and choose when and what to share.
| The Sovrin Foundation is a non-profit organization dedicated to establishing the Sovrin network. Their goal is to create a purpose-built blockchahin, with a native token, that will facilitate creating and maintaining self-sovereign identities. The Sovrin token will provide incentives to value exchange that preserves privacy. It could also enable a global marketplace for digital credentials and personal data.
This is an important project that has lofty goals, but has the potential to revolutionize several major industries.
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