- As part of a partnership between BEEAH and The Hashgraph, the Hedera-backed IDTrust platform will first be deployed internally for employee and partner identity management.
- The implementation 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, has joined hands with UAE-based BEEAH Group to provide the region’s first decentralized digital identity (DID) solution. This will enable uniform and secure access to digital identity for BEEAH’s various services and companies.
BEEAH partners with Hedera to launch an 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 an important milestone in BEEAH’s digital transformation journey, which aims to create 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 activities, including identity management for employees and partners. It will then expand to all BEEAH entities and initiatives, including smart real estate communities, healthcare institutions and environmental services platforms.
In subsequent phases, BEEAH will explore broader collaboration with government agencies and city-wide stakeholders in the UAE. This will position them as a regional leader in decentralized identity adoption. Commenting on the development, Kamal Youssefi, Chairman of The Hashgraph Association, said:
“Supported by the Hedera Governing Council, THA’s mission is to drive the widespread adoption and use of Hedera worldwide. The MENA region continues to prove its innovative leadership in implementing advanced digital technologies through strategic partnerships such as that between BEEAH and THG. This reflects the continuation and affirmation of Hedera’s long-term commitment not only to empowering businesses and government institutions in the UAE, but around the world. wider MENA region, and beyond”.
Using the IDTrust platform for self-sovereignty
BEEAH plans to implement the enterprise-grade IDTrust platform as a secure, privacy-focused self-sovereign identity (SSI) solution for its operations and ecosystem. Developed and operated by The Hashgraph Group (THG), IDTrust uses quantum-secure cryptography to verify identities, enabling trusted issuance of credentials, KYC checks, etc.
The implementation positions BEEAH as a regional leader in decentralized identity solutions. It shows 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 $647.8 million in 2022 and is expected to reach $102 billion by 2030, with a CAGR of 90.3%.