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 KILT claims to be an open-source fat blockchain protocol for issuing claim-based verifiable, revocable, and anonymous credentials in the Web 3.0. It allows end users to claim arbitrary attributes about themselves, get them attested by trusted entities, and store the claims as self-sovereign credentials (certificates). As trusted entities can issue credentials in return for money, KILT aims to foster new business models for anyone who owns trust or wants to build up trust. KILT Protocol comes with a simple JavaScript SDK where useful applications can be built without requiring any blockchain development skills.

KILT is a blockchain protocol for issuing self-sovereign verifiable, revocable, anonymous credentials and enabling trust market business models in the Web 3.0.

In the Internet users register at services. If those services become successful, they accumulate millions of logins and often collect and use data their users generate on the way. This leads to three major problems:

• The data silos are honeypots for hackers and thus a high security risk.
• The vast amount of users on one service automatically generates a monopoly. Better services coming up have little chances to get recognised and the monopoly service will not evolve as fast as it could, because it does not fear competition.
• The amount of data collected by only a few services, gives these services an unfair advantage in the age of artificial intelligence.

KILT – Figure 1: Many users store their user names and passwords with a centralised service.

KILT is an alternative! As a building block of the next generation Internet we propose a new mechanism for handling user data: the KILT Protocol enables the issuance and bearing of Credentials in the Internet. An Attester issues a Credential on user’s (Claimer’s) demand. The Credential describes certain attributes of the Claimer, which the Attester can determine. The Attester sends the Credential to the user who stores it locally. This way the user gains full control over her Credentials and thus her data. KILT works very similar to the Credential process in the real world, where trusted authorities issue documents which are then owned and controlled by the people.