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August 2, 2019
vol. 3
Hot off the press
Must reads
  • Is the future of identity connecting our digital persona with our real-life identity?: "This merging of flesh and blood with ones and zeros will be one of the more compelling trends in the security industry over the next decade, and its successes will end up as the next wave of cybersecurity products." —Forbes, Aug. 1, 2019
     
  • 9 components of the decentralised ecosystem that we need to build a decentralised society: "To achieve a decentralised society, many more components need to be built, requiring global standards and significant investments. I estimate that it will take another 3–5 years before the ecosystem is ready for full-scale, enterprise adoption. Fortunately, many startups are working on various components of this decentralised ecosystem." —The Startup, July 30, 2019
     
  • Self-sovereignty as an answer to the data dilemma: "We need to provide better solutions to move the conversation beyond privacy to sovereignty over a user’s online identity. Self-sovereignty is about more than just preventing others from using your data. This data matters to us because our identity, our friends, our chat histories, and our photographic memories matter to us. It is about having both choice and control over that data." —Samsung NEXT, July 29, 2019
     
  • Key ways blockchain will take back personal privacy in the era of big data: "Data protection using blockchain technology is not only convenient but also a necessity. Decentralized storage can be an excellent antidote to this era of mass data privacy violations." —The Daily Hodl, July 28, 2019
Hear it from the experts
  • An incubator for digital independence: "Self-sovereign identity’s transformational power is that it creates trust online where trust is being worn away or lost. Building and rebuilding trust online is our fundamental goal." —Sovrin Foundation CEO Heather Dahl
     
  • The DID Dilemma: When is an identifier ‘decentralized’?: "It is now clear that certain tension exists between the initial goal of DIDs to empower identity subjects to be in full control of their identity and the more recent goal to achieve interoperability with other identity systems."
    —Decentralized Identity Foundation (DIF)

     
  • Blockstack CEO discusses his regulatory ‘ah-ha’ moment: "This is the first time ever that a crypto asset got qualification from the SEC that it’s okay to distribute this to the general public. I do think that potentially this can help mature the industry and a lot of other projects can benefit from the work that we have done." —Blockstack CEO Muneeb Ali
     
  • The 10 stories that will define 2019: "In 2019, self-sovereign identity will start to gain traction as a mainstream rather than utopian idea and will attract serious attention from both newcomers and the establishment alike." —Hard Yaka co-founder and globaliD co-founder and CEO Greg Kidd
Deep dives
  • Distributed ledger identification systems in the humanitarian sector: "Recipients of humanitarian aid are often at the height of their vulnerability and the recording of their information poses a serious threat to the security and rights of individuals and groups." —New report supported by the Identity for All Council of the Sovrin Foundation
     
  • What's next in blockchain: "Identity could be verified on an open, global blockchain—controlled by nobody and trusted by everybody. Users could control their own identity, and shift power and control away from the enterprise." —CB Insights 2019 report
     
  • The Great Hack: "Explore how a data company named Cambridge Analytica came to symbolize the dark side of social media in the wake of the 2016 U.S. presidential election." —Netflix documentary
Quote of the week
“Blockchain enables everyone to have the same source of truth about which credentials are valid and who attested to the validity of the data inside the credential, without revealing the actual data.”

Tykn Co-founder Jimmy J.P Snoek
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