It is a Layer 1, built on cosmos ecosystem project that is building a decentralized identity system. It will provide decentralized software for identity providers across the world. Individuals will be able to have one place to store and share it at will.
In their own words. "At cheqd, we’re building a incentivized dedicated network that enables individuals and organizations to fully control their personal data, and building the infrastructure so decentralized identity can work at scale."
Cheqd seem to have decent backers and partnerships. They have partnered around 60% of global identity service providers for their platform use. Interesting project to keep an eye on. Show Less