Read our blog with the most recent articles, market insights and news.
Learn more about everything related to SSI and decentralized identity.
Download your free Truvity whitepaper about...
Is your business ready for eIDAS 2.0?We help you prepare for streamlined onboarding and simple compliance.
November 10, 2022
Truvity
5
min.
Here's a round up of everything decentralized identity, digital identity and SSI for the month of October. Dive in and found out the latest news below
Computer Weekly. October 3, 2022
Under the new government guidance, employers can choose between 16 certified identity service providers to digitally check their employees legal right to work in the UK.
#UK #regulation #guidance #HR
EuroScientist. October 4, 2022
Sam Smith, creator of KERI or Key Event Receipt Infrastructure discovered that you do not need a blockchain or other shared database for an online identity or online identifiers. Basically all you need is a secret key that underlies your entire online identity, or: a public private key infrastructure resulting in a self-certifing identifier or SCID.
#DID #KERI #SSI
G2. October 4, 2022
G2 is the software review website. It has 91 Listings in Decentralized Identity. To qualify for inclusion in the Decentralized Identity category, a product must:
Support the creation, management, and storage of digital identities and other verifiable credentials; Facilitate identity verification by validating credentials and performing risk evaluation; Be built using standard technologies including W3C-compliant decentralized identifiers and verifiable credentials.
#listing #DID #SSI
ComputerWorld. October 5, 2022
A foundation that includes several big-name software vendors and tech services has launched a self-sovereign identity service where workers can store verified credentials to use when applying for jobs. In turn, employers get instant access to verifiable credentials for hiring. An online resume-validating network has garnered support from than a dozen board members from companies whose ranks include Aon, Oracle, SAP, UKG, and ZipRecruiter with the aim of reducing the time and cost of vetting job candidates.
#HR #usecase #SSI
The Guardian. October 7, 2022
The Australian government is considering using myGov or its myGovID system to centralise digital identity authentication in the wake of the Optus data breach, but critics warn any single system could have its own cybersecurity weaknesses.
#Australia #cybersec #DID
Cointelegraph. October 11, 2022
As the Web3 industry matures, zero-knowledge Know Your Customer (zkKYC) is becoming more widely discussed as a means to comply with strict financial regulations while maintaining user privacy.
In an interview with Cointelegraph, John Henderson, partner at Australian-based venture capital firm Airtree Ventures, said the successful implementation of a zkKYC system would be “great news for both regulators and consumers” and could increase cryptocurrency adoption.
#KYC #AML #web3
Cointelegraph. October 14, 2022
This article provides a primer on zero-knowledge proofs, portable identity, problems in prevailing identity solutions, blockchain-based zero-knowledge proof powered portable identity solutions, trustless authentication and the process of creating password credentials.
#ZKP #DID
Cointelegraph. October 17, 2022
South Koreans could soon allow its citizens to use blockchain-based digital identification (ID) instead of physical cards as soon as 2024, as the nation further embraces blockchain technology.
According to a report from Bloomberg, a plan from the government will see digital IDs embedded as an app within mobile devices in the future, working in a similar fashion to physical resident registration cards.
#southkorea #DID
Venturebeat. October 19, 2022
Aftermath Islands Metaverse launched its Liquid Avatar app to replace usernames and passwords with proof of humanity. That means that you will be able to sign into its metaverse apps by using verified face recognition on your smartphone instead of using a normal login.
The company is using blockchain-based verifiable credentials to prove who you are without requiring you to divulge sensitive government-issued identity or proof of a home address.
#DID #gaming #metaverse
Researchgate. October 20, 2022
In this whitepaper, we propose how artificial intelligence on blockchain can be used to generate a new class of identity through direct human computer interaction. We demonstrate how this, combined with new perspectives for sustaining community and governance embedded within the use of blockchain technology, will underpin a sustainable solution to protect identity, authorship and privacy at the same time while contributing to restore trust amongst members of a future decentralized nation and hence contribute to solving the web most significant identity crisis.
#whitepaper #DID #AI
GOV.uk. October 21, 2022
The updated Disclosure and Barring Service (DBS) digital identity guidelines published by UK government.
#UK #regulation #guidance #DID
Bloomberg Law. October 24, 2022
States launching digital versions of a driver’s license are championing the credentials as a way to keep personal information more private and secure, though nationwide adoption will depend on coalescing around a common standard for how the identification cards are built and used.
#USA #usecase #DID
BiometricUpdate. October 25, 2022
The Czech Presidency of the European Union Council revealed a new compromise text last week to address issues blocking the European digital identity project.
The questions emerged at a debate at the ambassadors’ level, according to Euractiv, and are now addressed in the compromise, which was being discussed at the Telecom Working Party.
#EU #regulation #DID
Blockworks. October 26, 2022
JPMorgan is exploring the idea of a digital wallet that would allow users to control their digital identity and assets across platforms, though the potential offering’s level of decentralization remains to be seen.
#DID #wallet
Cointelegraph. October 27, 2022
Credit reporting company Equifax, known for suffering from one of the largest customer data breaches to date, has partnered with blockchain company Oasis Labs to build a Know Your Customer (KYC) solution.
#KYC #DID #web3
Cointelegraph. October 28, 2022
NFT Steez chats with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies.
#web3 #SSI #DID
Entrepreneur. October 28, 2022
Decentralized technologies are the future of identity management. But why is this move to decentralized solutions happening, and why is it so important? It's simple: A decentralized, ultra-secure identity wallet can serve the dual purpose of protecting your identity from disaster and giving you unprecedented control over your personal data.
#DID
Biometric Update. October 31, 2022
Open-source digital ID vendor Indicio says it is now certified to sell its products along with Google’s products. Now part of Google’s vendor partner program, Indicio executives say they will bring decentralized digital identity and verifiable credentials to Google’s cloud customers.
#DID #google #partnership
Explore Truvity, or create an account and instantly start building. You can also contact us to ask any technical questions.
.svg)
