World Data
World Data Inc. (WDI) is a privately held Washington, DC software firm that builds blockchain-based self-sovereign identity, white-label mobile banking, and decentralized innovation SaaS platforms for academic institutions, financial cooperatives, associations, and emerging-market organizations.
- Company typePrivate
- Founded1994
- HeadquartersWashington, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What World Data does
World Data Inc. (WDI) is a privately held Washington, DC-based software and consulting firm that builds Web 3.0 SaaS platforms combining blockchain and self-sovereign identity (SSI) architecture. Its product portfolio centers on four offerings: REM ID, an SSI wallet for issuing and verifying digital credentials on blockchain; WalletOn, a white-label mobile and web banking application distributed through financial institutions and cooperatives; Crowdeation, a decentralized innovation and crowdsourcing platform; and the REM Platform, a backend for organizations to configure and launch incentive-based initiatives. WDI helped found LACChain, a public ERC20-based blockchain network used as the credential settlement layer, and advertises integrations or alliances with Microsoft, Consensys, SAP, World Council of Credit Unions, and several academic institutions.
WDI serves primarily four verticals: academic institutions (digital diplomas and credentials), financial institutions (white-label mobile banking), professional and trade associations (member credentials), and organizations building community value chains (decentralized innovation initiatives). Its go-to-market blends enterprise direct sales via its contact form, white-label / OEM distribution to financial cooperatives, and consumer app-store distribution. The firm has 11–50 employees, operates from Washington, DC with a New York office, and has run case-study deployments including COVID-19 digital vaccine cards with health departments across Latin America.
Revenue mechanics are threefold: recurring SaaS subscriptions (REM, WalletOn, Crowdeation), white-label licensing royalties from financial institutions that rebrand WalletOn, and managed services for blockchain and Web 3.0 digital transformation consulting. Pricing is quote-based with multi-year enterprise contracts; specific tiers, customer counts, and revenue figures are not publicly disclosed. The company is founder/management-owned with no disclosed institutional investors or funding rounds.
World Data firmographics
Firmographics- Name
- World Data
- Legal name
- World Data Inc.
- Website
- https://wdi.net
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- World Data Inc. (WDI) is a privately held Washington, DC software firm that builds blockchain-based self-sovereign identity, white-label mobile banking, and decentralized innovation SaaS platforms for academic institutions, financial cooperatives, associations, and emerging-market organizations.
- Ownership category
- akta.pro rank
World Data industry classification
Industry- Product category
- Blockchain Identity & Credential Management Software
- NAICS
- Software Publishers (5132), Custom Computer Programming Services (541511)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service) (FSAMAEAI)
- akta.pro secondary industries
- Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD), Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra) (FSAGAMAB)
Keywords
Where World Data is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
World Data business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- SaaS Platform Subscriptions: Organizations subscribe to WDI's SaaS platforms including REM, WalletOn, and Crowdeation for credential management, banking, and innovation management capabilities.
- White-label Software Licensing: WDI provides white-label banking applications branded by financial institutions. WDI is the software provider while institutions brand the applications under their own names.
- Managed Services: WDI supports organizations with consulting services for digital transformation and Web 3.0 adoption, including blockchain implementation and community value chain development.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Custom enterprise pricing |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels1 record
World Data product offering
Product offeringCore offering
World Data (WDI) builds and sells Web 3.0 SaaS platforms that combine AI and blockchain technology for digital identity, digital banking, and decentralized innovation. Its flagship products are REM ID (a Self-Sovereign Identity wallet for verifiable digital credentials), WalletOn (a white-label mobile and web banking application for financial institutions), Crowdeation (a decentralized crowdsourced innovation platform), and the REM Platform (a backend for configuring incentive-based initiatives). WDI also provides managed consulting services for blockchain and digital transformation initiatives.
Product overview
World Data (WDI) offers a suite of Web 3.0 SaaS platforms leveraging AI and blockchain technology for digital transformation. The core portfolio consists of four interconnected products: REM ID (a self-sovereign identity wallet for managing verifiable digital credentials on blockchain), WalletOn (a white-label banking application for financial institutions), Crowdeation (a decentralized innovation and crowdsourcing platform), and the REM Platform (a backend infrastructure for organizations to create and manage incentive-based initiatives). Together, these products enable organizations to build digital ecosystems for credential issuance, financial services, and collaborative innovation.
Differentiator
Problem solved
Functional benefit
Brands
- REM: SaaS platform enabling organizations to expand services into virtual communities using innovative initiatives. Allows configuration and launching of initiatives that incentivize user participation through rewards and coupons.
- REM ID
- WalletOn
- Crowdeation
- WDI REM Play
Products and services
- REM ID Self-Sovereign Identity (SSI) wallet and digital credential management platform built on blockchain. Enables users to receive, store, and share verifiable digital credentials with 100% authenticity verification, with data stored locally on the user's device under user control. Targets organizations issuing credentials and end users managing them.
- WalletOn White-label mobile and web-based banking application that allows financial institution customers to access accounts, check balances, transfer money, make payments, and manage debit cards. Provided as a software platform that financial institutions brand under their own names and distribute to their customers.
- Crowdeation Fully decentralized innovation platform functioning as a hub for new ideas, shareable projects, and crowdsourcing opportunities. Allows users and organizations to create, share, search, and participate in challenges and solutions, and connect with partners, mentors, and collaborators.
- REM Platform
Quantifiable outcome
- 100% certainty in credential authenticity verification
- +1 more outcomes
Companies that use World Data
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles5 records
World Data technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
World Data partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- MicrosoftcoreMicrosoft is listed as an industry-leading global partner of WDI, collaborating on Web 3.0 value chain solutions and technology initiatives.
- ConsensyscoreConsensys is listed as an industry-leading global partner of WDI, providing blockchain technology expertise for WDI's Web 3.0 solutions.
- LACChaincoreWDI helped found and create LACChain, a public ERC20-based blockchain network used for issuing and verifying verifiable digital credentials.
- SAP PartnercoreSAP Partner relationship for integration and distribution of WDI's enterprise solutions.
- CogentminorListed as an industry-leading global partner of WDI supporting digital transformation initiatives.
- CAL (Center for Accessible Learning)minorListed as an industry-leading global partner of WDI.
- World Council of Credit UnionscoreWorld Council is listed as an industry-leading global partner, likely supporting distribution of WalletOn banking solutions to credit unions.
- University of the West IndiesminorListed as an industry-leading global partner of WDI, potentially for academic credential initiatives.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
World Data competitors and assessment
Company assessmentBroad incumbents
- Ping Identity: Ping Identity is a large identity and access management vendor with verifiable credential offerings layered onto its IAM platform. Comparable as a broader incumbent in the digital identity space in which WDI's REM ID competes.
- Microsoft (Entra Verified ID): Microsoft Entra Verified ID is a cloud-based verifiable credential platform integrated into the broader Entra identity stack. Although Microsoft is also a WDI partner, its enterprise reach and standards activity (W3C, EUDI) make it the dominant incumbent defining the category.
Direct peers
- Indicio: Indicio provides open-source verifiable credential and SSI infrastructure (including the PEX package and Indicio Network) for governments and enterprises. It is the closest functional peer to WDI's REM ID and LACChain-based credential issuance stack.
- Dock Labs: Dock offers a verifiable credential platform and DID-based identity network for issuing fraud-resistant digital credentials. Like WDI, it sells to enterprises issuing education, healthcare, and membership credentials on a blockchain-based network.
- Trinsic: Trinsic provides a SaaS platform and API for organizations to build, issue, and verify digital credentials, including Wallet-as-a-Service tooling. The model directly overlaps with WDI's REM ID and Initiatives-based credential issuing proposition.
- MATTR: MATTR builds verifiable credential and digital trust infrastructure for governments and enterprises, including a decentralized identifier wallet. Comparable to WDI in serving academic, financial, and public-sector credentialing use cases.
Emerging players
- Solaris SE: Solaris is a European banking-as-a-service platform providing licensed infrastructure and white-label wallets to financial institutions. Comparable to WDI's WalletOn in serving FIs wanting a white-label digital banking and payment experience.
- Civic: Civic offers decentralized identity verification tools and a digital identity wallet for consumer and enterprise use. It overlaps with WDI's wallet and verifiable credential products at the consumer identity verification layer.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
World Data social profiles
Digital presenceWorld Data financial estimates
Financial estimateRevenue estimate
Valuation estimate
World Data leadership team
Management profileNumber of profiles
Profiles8 records
World Data funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
World Data M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about World Data
What does World Data do?
World Data (WDI) builds and sells Web 3.0 SaaS platforms that combine AI and blockchain technology for digital identity, digital banking, and decentralized innovation. Its flagship products are REM ID (a Self-Sovereign Identity wallet for verifiable digital credentials), WalletOn (a white-label mobile and web banking application for financial institutions), Crowdeation (a decentralized crowdsourced innovation platform), and the REM Platform (a backend for configuring incentive-based initiatives). WDI also provides managed consulting services for blockchain and digital transformation initiatives.
Is World Data a public or private company?
World Data is a private company. It is classified as management employee owned and is currently operating.
When was World Data founded?
World Data was founded in 1994. It employs 11 to 50 people.
Where is World Data based?
World Data is headquartered in Washington, United States, in the North America region.
How does World Data make money?
Three revenue lines are on record. SaaS Platform Subscriptions are the primary driver. The others are white-label Software Licensing and managed Services.
Who are World Data's main competitors?
Broad incumbents on record are Ping Identity and Microsoft (Entra Verified ID). Direct peers are Indicio, Dock Labs, Trinsic and MATTR. Emerging players are Solaris SE and Civic.
Does World Data have an API?
No public API is recorded for World Data.
What industry is World Data in?
World Data's product category is Blockchain Identity & Credential Management Software. Its primary akta.pro industry code is FSAMAEAI, Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service), with a secondary code of FSADACAD, Wallet Infrastructure (SDKs, Wallet-as-a-Service). Its NAICS code is 5132 and its SIC code is 7372.