Key Points

• an open identity network providing DIDs, VCs to any registered client
• real-time revocation verifications through DID-comm protocol
• Based on Indy open-source identity platform from Hyperledger
• 3 separate networks run by stewards that operate nodes
• The networks are governed by the Sovrin foundation
• https://sovrin.org/the-sovrin-alliance/

References

Key Concepts

we are digital twins - we exist in both physical and digital worlds with identities

Potential Value Opportunities

Potential Challenges

Candidate Solutions

Top 15 Blockchain Identity Platforms of 2024 article

exploring these pioneering platforms, we aim to illuminate the significant advantages and transformative potential of blockchain identity in our increasingly digital lives.

youtube on digital identity concepts 

digital id is based on email, phone or issued user profiles now before DIDs, VCs

DIDs issued are independent of most organizations ( from governments or identity service authorities instead ) and stored in digital wallet services

Credentials can be issued by anyone and stored in your wallet

The DID model provides privacy, security, and autonomy.

SSI DID model benefits over traditional digital identity systems 

How DIDs and VCs work in 5 seconds

• When access or authorization needed to a service, organization or resource, the verifier organization issues a challenge to prove the holders of digital ID and the related VCs from the issuers to gain access to authorized resources and services.
• Privacy is protected because the holders don't need to supply PII ( Personal Identifying Information ) which is private, just present the DIDs and VCs instead to the verifier appropriate for the use case ( "am I old enough to drink in this bar?").
• This process in based on strong cryptographic digital objects and governance services with automated verification services for the verifier, holder, issuers

Simple use case for a student verifying their id online for a university access

for improved reliability, the digital wallet, identity & credentials can be paired with a physical ID card with a QR code as a backup option for alternate access

TOIP - Trust Over IP - defines 4 layers for both the digital identity processes and the goverance of those processes ensuring integrity and trust

"Trust fuels the World and we are low"

Key Concepts on digital identities 

• entities for digital IDs are people, organizations, living things, assets ( real and virtual )
• wallet services provide store and access to any digital asset ( DIDs, VCs, claims, consents, assets etc )

Step-by-step guide for Example

sample code block

Recommended Next Steps

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