Cheqd Partners With ASI Alliance to Address the Trust Gap Within AI Agent Economy Via On-Chain Identity

London, UK; July 3rd, 2025: cheqd, a decentralised identity and credential infrastructure leader, partnered with The Artificial Superintelligence (ASI) Alliance, collaboration between SingularityNET, Fetch.ai, Ocean Protocol, and CUDOS, which currently places 50th on CoinMarketCap.

This partnership will enable projects currently built on the ASI infrastructure such as TrueAGI, Rejuve.AI, SophiaVerse and SingularityVenturesHub, along with over 20 others, to issue a verifiable identity for their AI agents, using on-chain components for verification. This means that when a user receives a message from agents within those ecosystems, he can easily verify its identity and confirm that it has been authorised to act on behalf of the specified organisation/individual.

“Maintenance and validation of identity is one of these problems that seems like it should be simple and straightforward, but actually in a decentralized context can become quite subtle. And yet it is utterly foundational to the effective functioning of decentralized networks — without a strong approach to handling identity, one encounters deep difficulties with reputation, accountability, security and other key issues.

The integration of cheqd into the ASI Alliance network will significantly boost our capability to provide robust, secure, decentralized, AI-friendly identity management across the ASI ecosystem”. Said Ben Goertzel, CEO at Superintelligence Alliance & CEO and Chief Scientist at SingularityNET

The AI agents market is projected to grow at a compound annual growth rate (CAGR) of 45.8%, rising from its current valuation of $5.3–5.7B to an estimated $47.1B by 2030. Deloitte’s 2025 Global Predictions Report projects that 25% of enterprises using generative AI will adopt AI agents by 2025, with adoption expected to rise to 50% by 2027.

AI agents are expected to emerge at scale within a few years, but there is currently no reliable way for companies or individuals to verify an agent’s “identity”, and determine whether it represents a specific entity.

“As AI agents begin acting independently across industries, trust in their identity is non-negotiable. By embedding decentralised identifiers (DIDs), verifiable credentials (VCs), and Trust Registries into ASI1 and Agentverse. We’re enabling agent-based systems to perform and standardise cryptographic authentication and establish trust relationships at scale”. commented Fraser Edwards, Co-founder & CEO at cheqd.

In the current landscape, anyone can deploy an AI agent capable of engaging with people, often more convincingly and intelligently than a human. These agents can analyse publicly available information to build detailed profiles of individuals, tailoring interactions to appear credible and persuasive.

The core problem, however, is that there’s no reliable way for you to verify whether you’re interacting with a genuine AI agent. Even if an agent claims to be acting on behalf of an organisation or individual, there’s currently no standardised, verifiable method to confirm that authorisation. This lack of verifiability opens the door to impersonation, fraud, and manipulation at scale.

The ASI Alliance provides a robust, open-source innovation stack that empowers developers, enterprises, and researchers worldwide to build ethical and scalable web3 AI solutions. The Alliance will tap into cheqd technology to enable trust and verifiability to be built directly into the infrastructure through decentralised identifiers (DIDs) and verifiable credentials for their AI agents.

Any organisation or individual launching an AI agent on ASI Alliance infrastructure will automatically be assigned a DID which acts as a unique, cryptographically anchored decentralised identifier for the agent. Using this DID, the issuer can then produce and sign a verifiable credential, which serves as a digital attestation that a specific AI agent is authorised to act on their behalf. The cryptographic signature links the credential back to the issuer, and the presence of the DID on-chain enables anyone to verify the authenticity of that issuer. This ensures that when someone interacts with an AI agent, they can confirm both the agent’s identity and that it has been explicitly authorised by a known and trusted party.

This isn’t some long-winded, complex on-chain process that users have to manually navigate. The verification experience will be seamless and easily integrated. Behind the scenes, the infrastructure ensures trust and authenticity, but for the end user, it’s as simple as recognising that the agent has been approved and is acting on behalf of a legitimate entity.

A critical component of this system is the Trust Registry, an on-chain registry that provides scalability and transparency to verify who is trusted to issue and verify credentials. When a verifiable credential is issued, a reference, such as a cryptographic hash or metadata, is recorded in the Trust Registry. This registry functions as a decentralised index of trusted issuers, credential schemas, and credential status (such as active or revoked). Anyone can query it to verify that a credential was indeed issued by a recognised DID, and that it remains valid and unaltered.

While the bulk of credential data remains off-chain to preserve privacy and reduce storage costs, the Trust Registry ensures that each credential’s existence, origin, and integrity can be validated independently and without centralised control.

About cheqd

cheqd is the trust and payment infrastructure to enable the creation of personalised AI, eID, digital credential businesses, and trust ecosystems. It provides privacy-preserving payments for data to incentivise its release from data silos, enabling previously impossible data combinations and unlocking new user experiences and personalised AI.

It provides bespoke network offerings and supports multiple credential formats to underpin identity frameworks such as eIDAS 2.0 in Europe, and beyond. Its industry-leading Trust Registries allow ecosystems to gate and govern themselves, creating permissioned, permeable, or permissionless trusted data ecosystems and trusted verified AI agents.

About The Artificial Superintelligence (ASI) Alliance

The Artificial Superintelligence (ASI) Alliance is the world’s largest open-source initiative dedicated to decentralized Artificial General Intelligence (AGI). Formed in April 2024, the ASI Alliance unites SingularityNET, Fetch.ai, and Ocean Protocol, with CUDOS joining as a network member shortly after. The ASI Alliance was established through a community-approved tokenomic merger—combining $AGIX, $FET, and $OCEAN into a single token: $FET. This unified token underpins a collaborative framework designed to scale open-source AI research, infrastructure, and development.