Digital Bazaar engineered the Veres One distributed ledger for the Veres One Foundation. The distributed ledger (aka blockchain) is optimized for global-scale management of decentralized identifiers. Veres One gives people and organizations a secure, privacy-preserving, and cost-effective way to control and manage their identity on the Web. The Veres One ledger uses FIPS compliant cryptography, and the consensus algorithm is backed by formal mathematical proofs, ensuring stability and security. DigitalBazaar continues to be the technical maintainer for the Veres OneFoundation, which is governed by a trusted board of internet governance luminaries.