Market Trends and Opportunities for Blockchain Based Decentralized Identity (DID)
summary
Companies claim working demos: a UK NHS interoperability POC that signs doctors into legacy apps using phone wallets, an Alberta ecosystem for bank, telco and university credentials, and a Korean carrier pilot with banks and regulators for mobile key storage that meets strict HSM/Bor regulations. Core tools are wallet-based verifiable credentials, pairwise unique keys to avoid correlation, and emerging standards with W3C verifiable credentials 1.0 and a DID working group; focus is on usability, key management, and incentive models for issuer/verifier networks.
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chapters (21)
- 0:00Introduction
- 2:28Microsofts Core Identity
- 3:18IBMs Garage
- 4:01SK Telecom
- 5:44Evernham
- 7:30Questions
- 7:44Legacy vs Decentralized Identity
- 9:21Digital identities today
- 10:10How does theDID agency protect all the users data
- 11:48Privacy by design principle
- 15:08Why bother
- 16:41Trusted credential
- 17:42Practical uses
- 19:25IBM
- 21:25How to drink your own champagne
- 25:21Credentials
- 28:47Interoperability
- 31:25Standards
- 33:23US vs US
- 34:57Role of service providers
- 37:25Which sector is advancing
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