Identity & Security ~
A discussion highlighting pain points and use cases in the creation of Identity Security
June 7, 2024 @ 1400 UTC via Zoom
Pain Points
Users lose autonomy over their identities in centralized systems.
Credentials stored in one wallet often can't be recognized by another.
Lack of standardization has hindered the adoption and compatibility of digital identity solutions.
Interoperability issues between different wallets and platforms complicate the use of digital credentials.
Users struggle to securely manage their own data and face challenges in recovering lost credentials.
Use Cases
Decentralized recovery mechanisms for lost credentials, such as sharding seeds across trusted contacts.
Self custody of data and reductions in broad data collection minimizes security risk and complies with GDPR.
Identity solutions to track participation and contributions in decentralized governance systems.
Users can choose which parts of their credentials to share with different entities.
Universities issuing degrees and certificates digitally that can be stored and verified by individuals.
Qualitative Elements:
The discussion highlighted the philosophical and practical aspects of digital identity.
Emphasis on the user's right to control their data and the need for systems that respect this right.
Participants discussed the balance between decentralization and practicality, highlighting existing solutions and the potential for broader implementation.
Quantitative Elements:
The W3C standardization process for DIDs and verifiable credentials took from 2016 to 2022 to complete.
The US government's plan to issue digital passports using DIDs by 2025.
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