Decentralized identity has long been seen as a solution to the interconnected problems of verification, privacy, and security online, but now that it is being deployed in the marketplace, how does it manage the complex information flows and rules required by enterprises and governments? Much theoretical discussion has focused on what should happen, but in this conversation, we’ll discuss what actually happens when a customer implements a decentralized identity solution. We’ll explain why decentralized ecosystem governance is preferred to centralized trust registries, the importance of portable trust, automation, updating, and offline functionality, and why customers need to be able to choose between hierarchical and distributed governance.
Phishing, hacking, threats, fraud, and malicious behavior online of all types all share a common root: verification. In this session we’ll go beyond identity and explain how decentralized identity and verifiable credentials can provide a complete, secure system for exchanging different types of information between multiple parties. Learn how Trusted Data Ecosystems can connect people, machines, companies or any two entities to multiple businesses and jurisdictions without sharing private information. In this conversation, long-time community contributor at Hyperledger, working group leader at Decentralized Identity Foundation, and Indicio Senior Engineer Sam Curren will share more about digital trust and describe the critical importance of digital verification to decentralized healthcare, finance, the metaverse, and to the interaction of digital objects and non-digital objects in the spatial web—the “Internet of Everything.”