The goal of CREDENTIAL is to develop, test, and showcase innovative cloud-based services for storing, managing, and sharing digital identity information and other highly critical personal data with a demonstrably higher level of security than other current solutions. The security of CREDENTIAL’s services relies on the combination of strong hardware-based multi-factor authentication with end-to-end encryption. CREDENTIAL will constitute a significant improvement over current password-based authentication schemes. The use of sophisticated proxy cryptography schemes will enable a secure and privacy preserving information sharing network for cloud-based identity information in which even the identity provider cannot access the data in plain-text. Moreover, the use of proxy cryptography gives the users full control over their data via selective management of access rights – while still offloading re-encryption and data management to the provider. CREDENTIAL will abstract from the technical complexity and deliver a secure, user-friendly, cloud-based identity management solution, which can be widely adopted due to an open architecture and broad interoperability and portability between systems and services.