Decentralized identity verification for secure personal data sharing.

The business strategy for this startup should focus on partnering with organizations in various industries that require secure identity verification services. Building a strong network of users and clients will be key to scaling the platform and gaining market share in the decentralized identity verification space.

The market for decentralized identity verification is projected to grow significantly in the coming years, as more individuals seek secure ways to share their personal data. With the increasing number of data breaches and identity theft cases, there is a growing demand for a solution that can ensure the privacy and security of personal information.

The target users for this platform are individuals who are concerned about the privacy and security of their personal data, as well as organizations that require secure identity verification services for their customers. This includes industries such as finance, healthcare, and e-commerce.

Revenue streams for this startup can include subscription fees for users, licensing fees for organizations that use the platform, and partnerships with other companies for data verification services. Additionally, the platform can generate revenue through targeted advertising and data analytics services.

Minimum investment required: $100,000

Risks for this startup include regulatory challenges, competition from established players in the identity verification space, and potential security vulnerabilities in the blockchain technology used. However, with proper risk management and strategic partnerships, these risks can be mitigated.