Self-Sovereign ID Tech Is Being Advanced By Security Failures, Privacy Breaches

guest · Jan 6, 2020

Amid privacy and security failures, digital IDs advance
Blockchain-based digital wallets could give owners control over their digital identity
January 6, 2020
https://www.computerworld.com/artic...ures-advancing-self-sovereign-identities.html

Frustration over a growing number of privacy and security failures in recent years is driving the creation of digital identities controlled only by those whose information they contain.

Known as “self-sovereign identities,” the digital IDs will be used by consumers, businesses, their workers and governments over the next few years to verify everything from credit worthiness and college diplomas to licenses and business-to-business credentials.
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What is a self-sovereign identity?
Self-sovereign identity envisions consumers and businesses eventually taking control of their identifying information on electronic devices and online, enabling them to provide validation of credentials without relying on a central repository, as is done now.

A person’s credentials would be held in an encrypted digital wallet for documenting trusted relationships with the government, banks, employers, schools and other institutions.
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For example, a place of employment could issue an electronic confirmation or “credential” that could be stored in that employee’s digital wallet saying you work for the XYZ Company. Even something as simple as a health club membership verification could be added to a user’s wallet and presented through a mobile app.
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deBoetie · Jan 7, 2020

Lovely idea. People with money and power - including those supposedly representing us, do not want that. It's also technically hard, and who would take responsibility for failure? Could it be repudiated?

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Self-Sovereign ID Tech Is Being Advanced By Security Failures, Privacy Breaches

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