Tag: Self-sovereign Identity
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Simple Truths: The Case for Self-Sovereign Identity
The world moves. Technology advances. We find ourselves standing at crossroads, staring at paths paved by Big Gov and Big Tech. Both promise the same thing: a digital ID for the new age. But the truth? It’s found somewhere else – in Self-Sovereign Identity (SSI). Here’s why. Big Gov has strength. It has power. But…
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Self-Sovereign Identity as a Business Opportunity
In the digital age, personal data has become one of the most valuable commodities. However, the traditional methods of managing digital identity have been fraught with challenges, such as data breaches, identity theft, and lack of privacy. Self-Sovereign Identity (SSI) offers a new approach to digital identity management, which gives individuals full control over their…
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The Future of Digital Identity Management & KYC
Why Self-Sovereign ID superior to Digital Identity Self-sovereign identity (SSI) is a decentralized approach to digital identity management that emphasizes individual control and ownership over personal data. In contrast, digital identity (DI) typically involves the use of centralized systems, such as those employed by social media platforms, governments, and financial institutions, to manage and authenticate identity. There…
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Avast to Acquire Evernym
Avast snaps up self-sovereign identity pioneer to bolster digital freedom vision and service delivery PRAGUE, Dec. 9, 2021 /PRNewswire/ –Avast (LSE:AVST), a global leader in digital security and privacy, today announced the acquisition of Evernym. The US company was instrumental to the invention of self-sovereign identity, with leading contributions from their Chief Trust Officer, Drummond Reed, and others…
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Evolution of Self-Sovereign Identity (SSI)
Trust in Governments, the UN, or Corporations has eroded to the point where most people know that online privacy protection is an empty promise. Very few people trust the intent or purpose for collecting data because they don’t trust the people mandating the collection. However, the pandemic caused the necessity of better digital identification systems,…
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Artificial Intelligence and Self-Sovereign Identity
Artificial Intelligence is diametric to Self-Sovereign Identity. In an exclusive two-hour interview in Moscow to mark the publication of his memoirs, Permanent Record, Snowden said dire warnings that his disclosures would cause harm had not come to pass, and even former critics now conceded “we live in a better, freer and safer world” because of…
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Internet of Things and Self-Sovereign Identity
Internet of Things (IoT) is driving Self-Sovereign Identity (SSI) as the function of the web has turned on the user and now follows you wherever you take your connected device. In a sense we now gave-up our freedom to exists privately in public places because of the desire to have convenience of wifi and roaming.…
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SelfKey Bank Accounts Marketplace
The most exciting thing about Self-sovereign Identity is how it opens the doors to financial services that once only could be accessed by the rich and powerful, or licensed professional traders and brokers. Yes, banking! Simple old-fashioned online banking, now however the choices are global and endless and that’s because of SelfKey Bank Accounts Marketplace.…