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It’s a difficult deal that we’ve struck with the internet — we have to give companies our information, and we have no control over what they do with it. But we scroll to the bottom of the Terms of Service and agree with them anyway because let’s face it, we need to exist and participate on the internet to grow in this modern world. Self-sovereign identity (SSI) is a revolutionary model for managing digital identities and personal data that puts you, the individual, in control. With SSI, you become the owner of your identity and personal data, not Big Tech companies, banks, or other third parties. Using technologies like blockchain and distributed ledgers, SSI allows each person to create a verifiable, decentralized digital identity that cannot be taken away or compromised by any single institution. Your personal data and credentials are stored locally on your own devices rather than on external databases. This eliminates the need for different usernames and passwords across different services, knowledge-based authentication challenges, and other outdated processes. Instead, you generate digital credentials that can securely prove things like your name, age, citizenship, employment history, or educational qualifications without revealing any additional personal information. These credentials are cryptographically signed and verified by trusted third parties, ensuring their authenticity without compromising your privacy. But they live in YOUR digital identity wallet, and you are able to grant or revoke access to these credentials at your discretion. The SSI model creates a revolutionary peer-to-peer method of identity verification, eliminating the need to repeatedly share personal data with different third parties. With your digital wallet of Self-sovereign credentials on your device, you simply grant one-time, authorised access to whichever bits of verified personal information are required for a particular transaction — no more, no less. ⠀⠀⠀ ⠀ If you enjoyed that preview, click on the article below to explore the innovative technology behind Self-sovereign Identity 🌐. Discover how this groundbreaking solution can benefit both individuals and institutions by securely enabling access to our data 🔒. It's a win-win for everyone! 🚀✨📄 #myBID #SSI #DigitalID #ZKP #GovTech

Governments should allow approved private sector digital wallets to hold official credentials rather than issue their own, according to the Open Identity Exchange. The organisation has published a white paper on the issue saying that the move would require the creation of trust frameworks to enable the approval of the wallets. It's a proposition with a strong logic, but a lot will depend on how the trust framework could combine flexibility for the user with robust assurance measures; and it will be interesting to see if the UK Government Digital Identity Trust Framework evolves in a way that could make this viable. https://lnkd.in/eUPW3bwr #digitalwallets #digitalidentity

INTERNATIONAL NEWS: OIX calls on new UK government to accelerate digital ID rollout 🇬🇧 The OIX - Open Identity Exchange has urged the UK government to develop a comprehensive digital wallet strategy, clarify how digital IDs will be used across both the public and private sectors, and take a leading role in ensuring these IDs work internationally. In a letter to Secretary of State Peter Kyle, OIX emphasized that while the Digital Identity and Attributes Trust Framework (DIATF) is a good start, it needs rapid evolution. OIX highlighted that digital IDs could significantly boost the UK economy and efficiency in various sectors, advocating for digital versions of common identification like driver’s licenses and passports, and for the private sector to be involved in issuing these credentials. The organization also stressed the importance of interoperability with the EU's digital identity systems to enhance global trade and influence. h/t Biometric Update #digitalID #digitalwallet #interoperability https://lnkd.in/gmTceJRU

During the Community Meeting of April, Yekaterina Travkina, Consultant at Innopay and associated with the CoE-DSC, shared insights about the European Digital Identity regulation. Trust services and Digital Identity Wallets are a part of this 🔐📲. How are these related to European Digital Identity regulation? And what does this mean for data spaces and data sharing initiatives? Read the interview 📰: https://ow.ly/TiPB50RQKhH DSGO, MFFBAS, HDN (Hypotheken Data Netwerk), BDI Network, SCSN, SBR Nexus, iSHARE Foundation, eHerkenning #data #datasharing #digitalidentity #europeandigitalidentity #wallets #trustservices

👀 The NEW #European Digital Identity #Wallets (e🆔 aka Global🆔)👀 The European digital identity wallet (#eID wallet) signifies a significant shift in the paradigm of #digitalidentity in #Europe.   Its purpose is to guarantee universal access for individuals and businesses to secure and reliable electronic identification and authentication. According to the updated regulation, member states will provide citizens and businesses with digital wallets. These wallets will allow the linkage of their national digital identities with evidence of other personal attributes such as a driving license, diplomas, or bank account information. With a simple click on their mobile phones, citizens can now prove their identity and share electronic documents directly from their digital wallets. The newly introduced European digital identity wallets empower all Europeans to access online services using their national digital identification. This identification will be universally recognized throughout Europe, eliminating the need for private identification methods or unnecessary sharing of personal data. User control ensures that only the necessary information will be shared, preserving privacy and security. https://lnkd.in/e2wti5Px

Exciting news from the Council of the European Union: A new legal framework for a European Digital Identity (eID) has been adopted! This pivotal step forward ensures all Europeans can have access to a secure and trustworthy digital wallet. The eID will transform how we access online services, verify our identities, and secure digital transactions, setting a global standard for digital identity management. A future where digital interactions are seamless and secure is now on the horizon. #DigitalIdentity #eID #EuropeanUnion #DigitalInnovation

https://lnkd.in/eeQs-EqE Cryptographers' Feedback on the EU Digital Identity’s ARF · Issue #200 · eu-digital-identity-wallet/eudi-doc-architecture-and-reference-framework The EUDI Wallet Team of the European Commission invited subject-matter experts (i.e. cryptographers) to participate in a Webex meeting on June 5th or 6th, 2024, in which the team presented their current design of the EUDIW (ARF version 1.4.0), and requested feedback. They specifically requested feedback concerning attestations and zero-knowledge proofs. Our feedback is in this document: cryptographers-feedback.pdf  (https://lnkd.in/eAKxcGii)

No kidding! Jebbit's first-party data capture is backed by enterprise grade security that is more secure that Fort Knox.. Our security team works tirelessly to ensure that key security practices are in place and operating effectively, providing support for single sign-on via Auth0—making you and your team’s logins fast, easy, and most importantly, highly secure. ↓↓↓ → Single Sign On → Fine-Grained Access Control → GDPR, CPA & SOC II Compliance → Data retention controls → ADA - WCAG 2.1 Level AA We're leaning in, so you can lean on us. Supercharge customer engagement and securely drive real business impact today. See the power of Jebbit in action! https://lnkd.in/di5udar5

No kidding! Jebbit's first-party data capture is backed by enterprise grade security that is more secure that Fort Knox.. Our security team works tirelessly to ensure that key security practices are in place and operating effectively, providing support for single sign-on via Auth0—making you and your team’s logins fast, easy, and most importantly, highly secure. ↓↓↓ → Single Sign On → Fine-Grained Access Control → GDPR, CPA & SOC II Compliance → Data retention controls → ADA - WCAG 2.1 Level AA We're leaning in, so you can lean on us. Supercharge customer engagement and securely drive real business impact today. See the power of Jebbit in action! https://lnkd.in/di5udar5

What makes a good digital wallet? Some answers from KuppingerCole Analysts AG EIC: "One of the main goals of the EUDI Wallet is to make cross-border interactions easier, allowing citizens to live, work, and travel across member states. But interaction is also happening among organizations trying to make that happen. Major identity foundations such as the Decentralized Identity Foundation, Kantara Initiative and OIX - Open Identity Exchange have been working on setting up identity standards and collaborating on governance frameworks and certification programs for decentralized technologies." – @Biometric Update #digitalidentity #trustframeworks #digitalwallets #interoperability https://loom.ly/6aYM4cM