Exploring Digital ID
Christine and Darrell would like to thank everyone who participated in the Exploring Digital ID webinar on April 27th, 2022. This was an excellent opportunity to learn more about how Self-sovereign identity (digital id) will affect our lives. Here is a breakdown of what happened and some key takeaways for attendees and those who couldn’t make it.
Christine started the webinar by talking about a real-world travel scenario where we can easily envision moving from a physical to a digital wallet with a digital id. In her scenario, Christine walked us through each step of the trip. From booking and boarding to networking, she explains how a widely adopted digital id system can make the travel process more secure, saving time and hassle, making the entire experience more seamless. Darrell finished it off by sharing his hopes to one day see a wallet agent that will be able to assemble and organize records/receipts for you based on your activity.
For our second part of the webinar [8:45], we wanted to debunk some of the myths about digital id. There has been a lot of misinformation, and we wanted to clear up a few things that we thought were important. We talked about centralization vs. decentralization, SSI exposing your demons, surveillance, and compelled behaviour.
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- Worried About Digital ID?
- Governments must fight misinformation on digital ID, say provincial experts
- A Day in the Life of Your Data
- Visualization showing how PayPal shares your data. If PayPal, a highly regulated and respected payment provider, looks like this, what do the less-regulated/unregulated folks look like?
Darrell wrapped it up by pointing out a few trends shifting with Proof of Human; a severe KYC issue in the DeFi ecosystem that needs to be addressed by the Decentralized Exchanges (DEX); and Hyperledger Aries & AnonCreds.
QUESTIONS!?
There were some great questions sent in, we really value and appreciate your engagement! Our Question Period started at about 32:00. Here is a rundown of what we covered:
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- How do I use AnonCreds but support WC3?
- What is the trend with Trust Registries?
- How far are we from full sovereign data ownership?
- Thoughts on government’s place in the digital wallet market
- eIDAS 2.0: How Europe can define the digital identity blueprint for the world
- The Wallet Report – 2021 Update
- We will update with the ToIP blog mentioned once its posted.
Thanks again to everyone who participated. We hope that we were able to help you understand the benefits of adopting a Self-sovereign identity to take control of your digital world. Visit our blog, follow us on social media, and subscribe to our newsletter to stay up to date and learn more about decentralized identity.
