ssi

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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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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