Elesto
Summary
Elesto is a protocol designed to build a secure and resilient identity framework based on self-sovereign identity.
Elesto was born from the research project Cosmos Cash: a regulatory compliant protocol that offers the same guarantees as traditional banking systems. Features that enable these guarantees are Know Your Customer (KYC), anti-money laundering (AML) tracking,
Financial Action Task Force (FATF) travel rule, and identity management.
Elesto uses a novel approach to identity management by leveraging W3C specifications for decentralized identifiers and verifiable credentials.
Research paper
For more information on the research behind the Elesto protocol, see the Cosmos Cash research paper:
Cosmos Cash: Investigation into EU regulations affecting E-Money tokens
Architecture
The Elesto approach leverages open standards to reach its goals and offers an open model compatible with
third-party projects that use the open standards. In particular, the Elesto project roadmap includes:
- Self-sovereign identity (SSI)
- Decentralized identifier (DID)
- Verifiable credentials (VC)
- Zero-knowledge proofs (ZKP)
For a detailed architecture description and design choices, visit the ADR section.
Do you have questions or want to get in touch? Please send us an email at cosmos-cash@tendermint.com.