category: blockchain

Data breaches have become common in consumer-facing apps in India; How Hypersign can help?

By Vishwas Anand on 2020-11-02

Abstract The consumer-facing applications are more vulnerable for data breaches as they have a large customer base and they usually stored the user data in a central location. The consumer-facing app provider often has to choose between security and usability and they end up giving priority to the later one as usability become important growth factor. That allows a hacker to steal user data. In this blog, we are going to talk about problems, challenges which service providers face, especially with respect to user data protection and privacy, and what could be possible ways to solve that problem.

#userdata #privacy #DID #data-protection #security

Read more

Summary of ‘Digital Identity – Foundation for a New Economy’ webinar organised by Citi bank @ 10/22/2020

By Vishwas Anand on 2020-10-23

Introduction Yesterday, I got an opportunity to attend a webinar titles, Digital Identity – Foundation for a New Economy. I was super excited about this webinar since my area of interest is decentralised identity. I found the webinar very insightful and thought that it would be good if I can summarize the session in a blog post so that others (who could not attend) can get benefit of it. Panellist Host Panellist 1 Panellist 2 Panellist 3 Panellist 4 Gary Schneider Arvind Gupta Keit Pentus-Rosimannus David Birch Johan Schmalholz Managing Director at Citi Data & Digital Economy, Platform Policy, New Media & Startups.

#SSI #digital identity #DID #citi #hypersign

Read more

Hypersign v1.0 is released; A visual representation of SSI!

By Vishwas Anand on 2020-10-02

We have been exploring the Self Sovereign Identity (SSI) space for quite some time and today we came up with the first implementation of SSI specification proposed by W3C credential community. Disclaimer This is going to be a long blog since a lot of concept needs to be explain. But I will try to do full justice to your time by explaining SSI with a visual demonstration using a simple use case on Hypersign Studio.

#SSI #digital identity #DID #verifiable-credential #verifiable-presenatation #hypersign

Read more

Why blockchain is important tool for SSI (The self sovereign identity) system?

By Vishwas Anand on 2020-09-27

This blog can be considered as a follow-up blog (but not necessarily) of a series of blogs on digital identity. Digital Identity; Past, Present and Future: Where we talked about how digital identity evolved over a period of time and where it is heading to - the SSI. In depth introduction to Self Sovereign Identity (SSI): We took a deep dive into some of the core components of SSI to understand its terminologies and overall architecture.

#SSI #digital identity #DID #authentication #centralised #federated #blockchain #user-centric

Read more

In depth introduction to Self Sovereign Identity (SSI)

By Vishwas Anand , Likitha Soorea on 2020-06-14

In our previous blog titles - Digital Identity: Past, Present and Future, we went through the journey of digital identity and tried understanding how it evolved over the period and where it is heading. We ended our discussion with the basic introduction of Self Sovereign Identity (SSI) system. If you have not read that blog, I encourage you to read that first before proceeding with this blog. In this blog, we will take a deeper dive into SSI and will try understanding how it works under the hood.

#SSI #digital identity #DID #authentication #centralised #federated #user-centric

Read more

Digital Identity: Past; Present; Future

By Vishwas Anand , Likitha Soorea on 2020-04-19

Today, many countries across the globe are implementing digital identities to accelerate the adoption of their digital services. While going through the research articles on digital identities, one of the questions raised is “why is the digital industry looking up for it?”. We’d like to share some experiences on this journey, let’s start with a basic question “what is an identity?” take a moment to think… and try to put the thoughts into a clear definition.

#SSI #digital identity #DID #authentication #centralised #federated #user-centric

Read more

Trustless - The third vertical of credentials management

By Vishwas Anand on 2020-03-14

Identity management (IM) has always been a challenge for companies, whether it’s securing their internal employee’s access to company systems and applications, or securing their customers to access the web apps and databases. This aspect has two major components, Management of identity and Management by identity. Management of identity is primarily Authentication and Management by identity is Authorization. Traditionally, common methods of managing digital identities such as usernames and passwords have been proven to be less secure.

#trust #trustless #fido #authentication #passwordless #public-key-infrastructure #cryptography

Read more