The Digital Identity Podcast by SelfKey | Blockchain | Digital Identity | Decentralization |
By SelfKey
The Digital Identity Podcast by SelfKey | Blockchain | Digital Identity | Decentralization |May 14, 2019
#5: (Part 2/2) How Do Identity Hubs, Claims, & Verified Credentials Work with DIDs?
How are claims different from a credential?
When should you store data on-chain (or not)?
What are identity hubs and how do they work with DIDs?
What does it mean to share and revoke credentials with DIDs?
Why should you NOT store files or data on a blockchain?
What can claims registries make KYC and compliance more efficient?
#4: ( Part 1/2) How do Decentralized Identifiers (DID) work?
This episode is a two-part series of how Decentralized Identifiers (DID) work. In part one, we break down the basic elements of a DID and how it compares to the fragmented, paper-based systems that we still use today and how this new model could be applied in a digital world.
- What problems do Decentralized Identifiers (DID) solve when it comes to paper-based identity systems?
- How do you manage multiple private keys and different blockchains with DIDs?
- What is the difference between a credential and a claim?
- What are the working elements of a DID?
- How can you setup a free DID today?
- How are DIDs self-sovereign and give control back to the identity owner?
- What happens if you lose your private keys?
#3: What Are Decentralized Identifiers (DID)?
Decentralized Identifiers (DIDs) are a new type of identifier for verifiable, "self-sovereign" digital identity. In this episode, we go into four traits that DIDs must possess in order to be self-sovereign. How does this improve upon the paper-based systems that we use today? We also talk about how we were targeted in identity scams on Google Adwords and eBay.
#2: How Blockchains Can Help With Identity Systems
What is the cost of maintaining trust in our day to day lives? We have accountants that audit a company's books every quarter, services that require copies of your ID, and having to create new accounts for everything you sign up for. In this episode, we explore how blockchains can help with identity management and also where it could fall short.
- Understanding the Byzantine Generals Problem and Double Spend Problem.
- What does it mean to be fungible and non-fungible for crypto assets?
- Issues with current identity systems and how can blockchains offer a solution?
- What information do you actually want to keep on the blockchain forever?
- Pseudonymous: How is this a double-edged sword when it comes to privacy?
- What are some potential downsides of blockchain identity solutions?
- How will digital identity maintain interoperability between different blockchains?
To learn more about what we do and start building your self-sovereign digital identity, download the SelfKey Vault for Mac OS/Windows at https://www.selfkey.org/download
#1: You Don't Own Your Identity.mp3
How many identities do you own on the internet? From your Instagram handle to online banking username, there are various constructs of your identity that form who you are. But you don't own any of them, and that presents many problems when it comes to establishing trust, protecting that information, and making sure you don't fall victim to a data breach.
Show Notes
00:00 - What is this podcast about and who are we?
01:00 - The necessity for authentication on the internet.
02:30 - Types of data that can construct who you are.
05:00 - How identity is always contextually used (or misused).
09:00 - The three parties involved in every identity transaction.
12:00 - Where does centralization fail in identity services?
16:00 - What are zero-knowledge proofs and selective sharing?
20:30 - Cryptography and how it impacts individual freedom.
25:00 - Convenience and centralization: Where are the tradeoffs?
30:00 - Using technology to incentivize and force behavior
35:00 - A basic intro on decentralized identifiers (DID)
36:00 - News Segment: Project Atlas at Facebook & Root Access
To learn more about what we do and start building your self-sovereign identity, download the SelfKey Vault for Mac OS/Windows at https://www.selfkey.org/download