Design Goals of ioID
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ioID is designed to fulfill three primary goals that enable a secure and scalable identity layer for the machine economy:
Global Machine Identity Registry ioID provides a unified, on-chain registry for machine identities. This allows anyone to search, verify, and interact with registered machines, establishing a trust foundation for seamless integration with services, users, and decentralized applications.
Machine Economy Enabler ioID unlocks the potential of the machine economy by equipping each machine with a programmable, NFT-bound smart wallet. These Machine-Bound Accounts (MBAs) enable machines to earn, spend, and participate in DeFi and other on-chain activities autonomously.
Verifiable Data Facilitator: ioID supports data-rich applications—such as smart agents, physical AI, and autonomous systems—by enabling them to collect, prove, and share verifiable data using decentralized identifiers (DIDs) and cryptographic proofs.