myBID stands out by leveraging enterprise blockchain to champion the latest standards of digital identity in the form of SSI. Using best-in-class open API standards set by the European Union as well as adhering to the highest standards of user data protection, myBID paves the way for both private and public sectors to exchange precise, trustworthy data.

This blend creates a digital identity system that effortlessly syncs with most modern systems. By facilitating a universally interoperable identity layer, The design principles we employ are crafted with the modern user in mind. Through this, we aim to craft myBID into a digital identity fit for the 21st century.

Data protection is paramount at myBID. We utilise blockchain's robust security features to encrypt and protect data. This decentralized structure ensures that data isn't stored centrally, reducing vulnerability to breaches. Users maintain sovereignty over their data, having the ultimate say to approve or reject data requests. Furthermore, our alignment with the eSSIF framework guarantees adherence to the highest standards of data privacy regulation, ensuring user data is handled with utmost respect and privacy.

myBID's scope transcends mere identity infrastructure. Serving as an "identity layer", it is the backbone for a number of real-world solutions.