December 5, 2022
Your latest dose on everything decentralized identity. Find out the most recent updates.
Fortune. November 2, 2022
We’re a quarter of a century into an era of digital feudalism. The feudal system is a medieval construct: serfs work the land to create value, and landlords confiscate most of that value. Today, instead of farm produce, the asset class is data—created by us, but captured by digital landlords such as social media and other Web2 applications. “Surfing the internet” has become “serfing the internet,” with users yielding intimate details of their lives for the internet lordships to aggregate, expropriate, and monetize.
#SSI #DID #opinion
The Paypers. November 4, 2022
Jenn Markey, Vice President for Product Marketing at Entrust, analyses the main differences and similarities between the popularity of digital ID wallets in the EU and the US, emphasising on the need of a cross-border infrastructure to maintain the data privacy while enhancing payments and boosting the overall user experience.
#DID #wallet #US #EU #interop #opinion
Businesswire. November 4, 2022
Identity.com, a 501(c)(4) non-profit organization, announced the launch of its next-generation Gateway Protocol. The version-two launch will enable users at individual and enterprise levels to have far more control over sensitive personal identity information that is vulnerable to hacks and abuse by a wide range of actors.
SSI Orbit Podcast. November 4, 2022
Stephen Curran of Cloud Compass Computing, Inc., a Software Development and DevOps veteran, covers the key topics on various credential types - AnonCreds and different types of W3C credentials.
#podcast #anoncreds #W3C #opinion
ENISA. November 9, 2022
The European Union Agency for Cybersecurity (ENISA) gathered experts from trust services providers, standardisation bodies and national authorities around the discussion tables of the Trust Services Forum organised on 27 and 28 October in Berlin.
The 8th edition of the Trust Services Forum allowed experts to address the current developments pertaining to the proposals of the Directive on Network and Information Security Systems, known as the NIS2 Directive and the new proposals of the Electronic Identification and Trust Services for Electronic Transactions in the Internal Market, known as eIDAS2.
#forum #regulation #eIDAS #DID #wallet
Fintechnews Switzerland. November 9, 2022
A revolution is taking place in the field of digital identity, driven by advances in technology, rapid adoption of digital tools and online channels, and soaring identity fraud activity. So-called IDtech providers are arising on the back of COVID-19 and leveraging technologies and principles including biometrics and decentralization to bring digital identity to the next level.
Secure Identity Alliance. November 10, 2022
A publication to discover more about what’s driving the need for trusted mobile identity authentication services worldwide and how digital wallet technologies are helping to bring identity, KYC and transaction information to a new streamlined level.
#report #DID #KYC #wallet
Computer Weekly. November 17, 2022
The Scottish government plans to begin trialling its own digital identity platform early next year, running a pilot with Disclosure Scotland. The pilot will allow users of Disclosure Scotland’s services – the equivalent of the Disclosure and Barring Service in England and Wales – to use secure sign-on, providing users with one set of login details to access multiple services, as well as online identity verification.
#Scotland #nationalID #DID
EDPS. November 17, 2022
The final episode of a three-part podcast series focused on the EU Digital Identity Wallet (DIW), organised by the trainees of the European Data Protection Supervisor and European Data Protection Board. The topics include how the digital euro would work, through which design or operational system could be used and the data protection perspective as to how this can be achieved while preserving a data subject’s data, and which safeguards will need to be taken into consideration for the effective running of the digital euro within the DIW.
#EU #podcast #DID #wallet
Cuppingercole. November 18, 2022
A whitepaper on the journey towards digital identity in Germany. It is currently at a crossroads – consumer and private sector behavior indicate a readiness to embrace digital identity, while the public sector may be vulnerable to path dependency and repeating past mistakes. However, the overall trend is that the new era for digital identity in Germany is arriving: the invitation is sent by the public sector, the solutions being developed by the public sector and in public/private partnerships, and behavior among consumers shifting to accept digital flows.
TechCrunch. November 22, 2022
Decentralized identity startups are having a moment as investors seek the next generation of killer applications in web3, even in times of market volatility. Blockchain-based identity systems, they argue, are the portal to user-facing applications in the decentralized land, whether the piece of identity is used to send tokens or showcase a gamer’s achievement.
Los Angeles-based Carv is the latest contender in the space to have attracted investor attention. The company recently raised $4 million, valuing it at a handsome $40 million, it tells TechCrunch. The round was led by Vertex, an early-stage focused VC firm under the Singaporean sovereign wealth fund Temasek.
#fundraising #DID #gaming
Crypto.news. November 25, 2022
As the cryptocurrency industry draws closer to widespread adoption, Cardano (ADA) founder Charles Hoskinson has warned about an imminent decentralized sector identity war. Hoskinson stated during the Web Summit 2022 that the battles would probably intensify over the following 24 months. According to him, if the sector gets decentralization right, it will imply a bleak future for the crypto field.
Venturebeat. November 26, 2022
With the advent of the metaverse, the need for a global identity system has become apparent. There are many different ways to create an identity in the metaverse, but no single system is universally accepted. The challenge is usually two-fold: first, how to create an identity that is accepted by all the different platforms and services in the metaverse, and second, how to keep track of all the different identities a person may have.
#metaverse #web3 #DID
GOV.UK. November 28, 2022
The updated guidance on how digital identity providers can become certified to complete digital identity checks for the 'Right to Work', 'Right to Rent' and DBS schemes.
#guidance #UK #DID #regulation
Cointelegraph. November 29, 2022
Cryptocurrency exchange Huobi has partnered with the Commonwealth of Dominica to roll out a digital identity and national token service that promises digital citizenship of the West Indian island nation.
#DID #nationalID #Dominica #KYC
Cointelegraph. November 30, 2022
RNS, a digital Web3 identity platform developed to support the application and issuance of sovereignty-backed IDs, announced on Nov. 30 that it is integrating with zkSync for on-chain Know Your Customer. RNS. indicated in a release shared with Cointelegraph that its on-chain KYC solution is designed on a “privacy engine” to encrypt users’ identity attributes or properties into different “hashed slices” with multiple signature verifications.
#DID #web3 #KYC #SSI
Forbes. November 30, 2022
The digital identity market is comprised of 50 subsectors, and it has a valuation of $663.9 billion, up 8.5% from a valuation of $612 billion in 2021, and is projected to cross $1 trillion by 2024. The article discusses the key dynamic market drivers in the industry.
#industry #opinion #DID #SSI