self-sovereign identity

Exploring possibilities to disrupt financial services through blockchain

There are over 85,000 financial cooperatives, or credit unions, worldwide. Unlike a bank, these cooperatives are non-profit financial institutions and exist to serve their members. Since these institutions are not-for-profit, their collaborative nature often causes them to work together to achieve the common goal of providing the best service to members, leading to the development […]

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Blockchain for trusted IT service management

Blockchain-enabled self-sovereign identity (SSI) facilitates and secures all IT service management (ITSM) processes by providing assured, trusted identity and credentials for all configuration items (CIs) throughout their entire lifecycle. With SSI, every ITSM-applicable entity — every participating organization, person, and managed CI (network device, software instance, and others) — can be identified, identifiable, credentialed and […]

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Decentralized Identity: An alternative to password-based authentication

Many experts say that a password-based login is an insecure approach to online interactions and that multi-factor schemes add friction that reduce user adoption and productivity. Obtaining assured authentication of a person’s identity while adhering to new data privacy laws and regulations presents a minefield of security and customer experiences issues that are costly and […]

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IBM Blockchain Trusted Identity: Sovrin Steward closed beta offering

Individuals, organizations, and things are not in control of their identity in the digital world. Everything is rooted in usernames and passwords, controlled by identity providers and third parties, creating a much-needed missing layer for identity on the Internet. At IBM, we have been doing a lot in the decentralized identity space. We’ve done some […]

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The GDPR blockchain blind-spot: Regulating data and everything else

The apparent incompatibility of blockchain technology with General Data Protection Regulation (GDPR), marks the entering the age of post-industrial proactive regulation that some identify with the age of Web 3.0. On May 25 of this year, the ground-breaking data privacy regulation of GDPR came into effect. While it is an important step in the direction […]

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Self-sovereign identity: Unraveling the terminology

Several years ago, the Sovrin vision was introduced using a dot metaphor to describe a future whereby individuals would be able to take back control of their identity and participate at a peer-to-peer level with their online and offline relationships. Today the landscape of supporting open communities — network, code and standards — to achieve […]

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Self-sovereign identity: Why blockchain?

One of the most common questions I get when talking to customers and analysts about the self-sovereign identity (SSI) movement is, “Why blockchain?” This question tends to stem from the notion that data associated with a person’s identity is destined to be stored, shared and used for verification on some form of distributed ledger technology. […]

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Self-sovereign identity: Our recent activity as a Sovrin Steward

During the most recent Internet Identity Workshop, IBM announced our entrance into the decentralized identity arena by joining the Sovrin Foundation. The days that followed have been busy and exciting, and highlighted by both IBM and community milestones. Developer enablement To help developers get acquainted with The Linux Foundation’s Hyperledger Indy concepts we contributed two […]

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Paving the road to self-sovereign identity with blockchain, open standards

Imagine a world in which you always have peace of mind that your personal information is safe. Imagine a world in which your information cannot be shared without your clear, explicit consent at the time of the transaction; where you decide who can access what information, when, and for how long. In this world, you […]

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