Author: Aaron Day
-
Challenger Banks is the Disruptor of Credit Unions
A disruptor is a company that changes the traditional way an industry operates, especially in a new and effective way. In the case of Challenger banks it’s disruption of the entire financial industry, as it’s in crash collision, like the “perfect storm” with the Self-sovereign Identity (SSI) movement. Self-sovereign Identity (SSI) will pre-qualify two thirds…
-
The Unbankable and Self-Sovereign Identity
The Unbankable are the most important people for Self-Sovereign Identity and part of the reason for it’s invention. Globally, 69 percent of adults have an account, up from 62 percent in 2014 and 51 percent in 2011. However about 1.7 billion adults remain unbanked — without an account at a financial institution or through a…
-
Fake News Ends with Self-Sovereign Identity
The knife cuts both ways when anonymous personas are eliminated from the discourse, then the author of Fake News will be also exposed. Self-sovereign Identity in online comments will regain trust, then only comments can be posted by individuals who have verified their identity by a third party. Think what it means to have integrity…
-
Understanding the Power of Sovereignty
One of the Key influencers in the Self-sovereign Identity movement is a great mind named Jordan Hall, he provides a deeper meaning to sovereignty. Please take the time to read the entire article, the link of which goes to an awesome resource called Deep Code and a great articles called : On Sovereignty. By sovereignty,…
-
Catalonia’s future depends on the knowledge society
President of the Government of Catalonia, Quim Torra, this morning called for a broad cultural change to “embrace and believe in a large-scale project for Catalonia” – the knowledge society. “A large majority of Catalans believe Catalonia’s future depends to a significant degree on the success of this initiative,” said the head of the government,…
-
Kiva protocol, Sierra Leone and Self-sovereign ID for the Unbanked
Seara Leone is leading the way in addressing the biggest challenge in the ID2020 Alliance, UN Mandate, how to provide Self-sovereign Identity to the unbanked and formerly unbankable? The unbanked masses in all corners of the planet, will be moved away from the poverty line. This plan has created the largest data input challenge in…
-
Digital Ecosystems with Self-Sovereign Identity
It’s happening all over the world, in small unrelated projects, almost as a natural process of improvement of a system by open source. Region by region, it’s the credit unions and small financial service providers creating the Digital Ecosystems with Self-Sovereign Identity. Here’s just one of many examples from around the globe. A headline theme…
-
Cloud Communities: The Dawn of Global Citizenship?
The idea of global citizenship About 70 years ago, an American peace activist named Garry Davis created a registered concept of ‘world citizenship.’ A naïve enterprise at its infancy, this concept looks more realistic today for three reasons. The first reason is global interconnectedness. The internet has profoundly changed the notion of public space. About…