Road to EIC: The State of Decentralized Identity: Wallets, Credentials, and Real-World Adoption

Decentralized identity has moved from theory to tangible building blocks, yet broad trust and adoption remain uneven. Wallets, passkeys, and verifiable credentials promise privacy-preserving digital interactions, but fragmentation, unclear implementation paths, and unresolved economic questions still slow real-world deployment.

Modern standards and platforms are beginning to close these gaps. Passkeys reduce phishing and password risk, verifiable credentials enable portable identity proofs, and emerging APIs and wallets provide interoperability. The challenge now is aligning security, privacy, usability, and incentives into a coherent, scalable ecosystem.

Alejandro Leal, Senior Analyst at KuppingerCole Analysts will frame the current state of decentralized identity, examining market maturity, adoption barriers, and the role of standards in building trust. He will connect technical progress with regulatory realities and enterprise readiness.

Nishant Kaushik, CTO at FIDO Alliance, together with Henk Marsman and Torsten Lodderstedt at SPRIND will share practical insights from standards development, research, and ecosystem deployment. They will discuss interoperability, wallet architectures, sustainable business models, and how decentralized identity can move from pilots to trusted everyday use.