Sovrin Foundation

The Sovrin Foundation is a nonprofit organization dedicated to administering the Governance Framework for the Sovrin Network, a public service utility that enables self-sovereign identity (SSI) on the internet. The foundation ensures that the Sovrin identity system remains public, globally accessible, and independent of external powers or funders. Operating in the identity management market, Sovrin serves a diverse range of clients including financial institutions, technology companies, and startups focused on privacy and security. The business model revolves around maintaining a decentralized ledger that allows individuals to control their own digital identities without relying on centralized authorities. Sovrin generates revenue through partnerships, grants, and donations, ensuring the sustainability of its ecosystem. The foundation's mission is to create a coherent and decentralized system that upholds privacy by design and fosters trust in online communications.

Keywords: self-sovereign identity, decentralized governance, public utility, digital identity, privacy, nonprofit, global accessibility, identity management, trust, online security.