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Digital Identity, Not Digitised Identity

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The Digital Identity Deep Dive slides from Money 2020 in Amsterdam, June 2018.

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Digital Identity, Not Digitised Identity

  1. 1. www.chyp.comPlease Copy and Distribute Digital Identity not Digitised Identity 1 Identity state of the nation deep dive June 2018 David G.W. Birch Global Ambassador Consult Hyperion
  2. 2. www.chyp.comPlease Copy and Distribute Agenda 2 What’s the problem? Lack of identity infrastructure is a drag on the economy Wait, what’s the identity infrastructure? We need to shift to digital identity Ah, digital identity? The “3DID” model for an interconnected world OK, but how do we implement digital identity? Strong authentication, blockchains, bot passports So who makes a living from this? I want it to be regulated financial institutions.
  3. 3. www.chyp.comPlease Copy and Distribute The Identity Problem 3 Identity is Not Working Three Examples: Our old friend, card fraud Internet of other people’s things Fake news and fake everything else Section 1
  4. 4. www.chyp.comPlease Copy and Distribute Marshall McLuhan In the electronic age there will be new ways of being evil that we don’t understand yet.
  5. 5. www.chyp.comPlease Copy and Distribute We haven’t even fixed card fraud and… 5 ~7 billion “chip and PIN cards” were shipped last year Global card fraud was up US is half of all card fraud CNP is half of all US card fraud If you provide a partial solution it does not solve the problem
  6. 6. www.chyp.comPlease Copy and Distribute …we’re putting a billion things online On the internet no-one knows you’re a fridge pretending to be a dog 6
  7. 7. www.chyp.comPlease Copy and Distribute It’s Getting Catastrophic 7
  8. 8. www.chyp.comPlease Copy and Distribute Problem Discussion Given that identity problems with people, things and bots are manifold, serious and escalating… WHY DOES NO-ONE DO ANYTHING ABOUT IT!!!
  9. 9. www.chyp.comPlease Copy and Distribute Approaches to Identity 9 Meanwhile, in the real world… What is happening to build digital identity infrastructure Section 2
  10. 10. www.chyp.comPlease Copy and Distribute “Anglo-Saxon Model” UK Example 10
  11. 11. www.chyp.comPlease Copy and Distribute “Commonwealth Model” Canadian Example 11
  12. 12. www.chyp.comPlease Copy and Distribute “Continental Model” Estonian Example 12
  13. 13. www.chyp.comPlease Copy and Distribute “Asian Model” Indian Example 13
  14. 14. www.chyp.comPlease Copy and Distribute “Scandinavian Model” Norwegian Divorces 14
  15. 15. www.chyp.comPlease Copy and Distribute Approaches Discussion Do any of these approaches seem right for the 21st century? What are the good and bad aspects of the different approaches?
  16. 16. www.chyp.comPlease Copy and Distribute Digital Identity is a Solution 16 Understanding Digital Identity A model that is useful for business The dynamics of digital identity Section 3
  17. 17. www.chyp.comPlease Copy and Distribute The CHYP Three Domain Model (3DID) From people (and things and bots) on the left to personas on the right 17
  18. 18. www.chyp.comPlease Copy and Distribute Identification Domain Binding a digital identity to a mundane identity is expensive 18
  19. 19. www.chyp.comPlease Copy and Distribute Authentication Domain For the foreseeable future, mobile the mass market 19
  20. 20. www.chyp.comPlease Copy and Distribute Authorisation Domain A claim is the process of providing a credential and authenticating its use in order to obtain authorisation to use a service 20
  21. 21. www.chyp.comPlease Copy and Distribute Business Example: BBVA Banks use this framework 21
  22. 22. www.chyp.comPlease Copy and Distribute Government Example: NIST Governments use this framework 22
  23. 23. www.chyp.comPlease Copy and Distribute The 3DID Paradigm A clear and straightforward way to discuss problems and solutions 23
  24. 24. www.chyp.comPlease Copy and Distribute Model Discussion Does 3DID work for you? What might be missing from the model? Is it over- simplified for management at the expense of predictive capacity?
  25. 25. www.chyp.comPlease Copy and Distribute Technology Drivers 25 What is Technology Doing? Let’s look at three key technologies and explore their impact Section 4
  26. 26. www.chyp.comPlease Copy and Distribute WE KNOW WHAT THE PROBLEM IS “It’s not about payment. It’s about identity” Jack Dorsey, Founder of Square and Twitter (New York Times, 22nd December 2013) 26
  27. 27. www.chyp.comPlease Copy and Distribute Three-Domain Digital Identity (3DID) Time for “digital identity” – but what is it? Time for some clear thinking. 27 Blockchains discovery and accountability Biometrics and strong authentication and revocation Bots and the Philip K. Dick world
  28. 28. www.chyp.comPlease Copy and Distribute Short Term: Biometrics Financial services (and government, and health and others) can be secure and convenient in-person and online 28
  29. 29. www.chyp.comPlease Copy and Distribute Narrative: Strong Authentication Mobile phones and biometrics deliver convenience to the mass market 29
  30. 30. www.chyp.comPlease Copy and Distribute Medium Term: Blockchain Note the taxonomic distance between ledgers like the Bitcoin blockchain and ledgers like R3 30
  31. 31. www.chyp.comPlease Copy and Distribute Narrative: Ambient Accountability Trust is a serious problem, we have to get to a new level of transparency – only through radical transparency will we get to radical new levels of trust (Marc Benioff, Founder and CEO of Salesforce, speaking at Davos in 2015) 31
  32. 32. www.chyp.comPlease Copy and Distribute Long Term: Bots Starting with robo-advice and chatbots And end to offshoring? But the customers will have bots too! Think about advertising, marketing in this world How will your AI sell things to my AI? Replace brand as substitute for information with brand as ungameable reputation
  33. 33. www.chyp.comPlease Copy and Distribute Narrative: Digital Identity For All Passports for • People • Things • Bots 33
  34. 34. www.chyp.comPlease Copy and Distribute Hello, AI My nine year old just asked “Do robots have passports?” We agreed they’ll need one in the future, probably. Victoria Richardson, Chief Strategy Officer, AusPayNet. 34
  35. 35. www.chyp.comPlease Copy and Distribute Technology Discussion How does the timeline look? What other technologies should we be looking at? Have you seen any technology here at Money 2020 that you think will have an impact?
  36. 36. www.chyp.comPlease Copy and Distribute Implementing Digital Identity 36 Digital Identity in Practice What should we (the financial services industry) Actually do? Section 5
  37. 37. www.chyp.comPlease Copy and Distribute So Why Aren’t Banks On It? If you know who everyone is, payments are easy (not my words: Bill Gates!) 37
  38. 38. www.chyp.comPlease Copy and Distribute Who Creates Digital ID? Who holds the private key, basically
  39. 39. www.chyp.comPlease Copy and Distribute Sovereign Digital Identity Tends to a centralised architecture Which has implications…
  40. 40. www.chyp.comPlease Copy and Distribute Federated Identity: ItsMe 40
  41. 41. www.chyp.comPlease Copy and Distribute Self-Sovereign Digital Identity The user must be central to the administration of identity; The identity must be transportable; It must allow ordinary users to make claims From a “pull” to “push” model, with users selecting the virtual identity; In creating the identity, “we must protect the individual”. Christopher Allen (27th April 2016) Ten Principles: Existence, Control, Access, Transparency, Persistence, Portability, Interoperability, Consent, Minimalisation, Protection
  42. 42. www.chyp.comPlease Copy and Distribute Transactions are between Virtual IDs Transactions use the public key – do they care where the private key is?
  43. 43. www.chyp.comPlease Copy and Distribute Discovery: Is this where the Blockchain actually helps? Transactions use the public key – do they care where the private key is?
  44. 44. www.chyp.comPlease Copy and Distribute Implementation Discussion Will self-sovereign be the break through? The new approach that can break the log jam? How do we deal with the key problem? What should the financial services industry do? Project a common model or begin common implementation?
  45. 45. www.chyp.comPlease Copy and Distribute Where Next? 45 Constructing Strategies for 21st Century Digitised identity has not solved problems Time to start thinking about DIGITAL IDENTITY Section 6
  46. 46. www.chyp.comPlease Copy and Distribute Marshall McLuhan In the new electric world, where everybody is involved with everybody, where everybody is involved in complex processes, the old identity cards, the old means of finding out who am I, will not work (I wish that more people would take this on board, give up trying to digitise the old identity systems and start building the new digital identity system we need.)
  47. 47. www.chyp.comPlease Copy and Distribute Where Next? 47 Digitised Identity Digital Identity Nodes Edges Static Dynamic Single Multiple Hierarchy Relationships Dumb Smart Stand-alone Interactive
  48. 48. www.chyp.comPlease Copy and Distribute Visit our website: http://www.chyp.com Follow us on Twitter: @chyppings Email us: info@chyp.com Read: Tomorrow's Transactions Blog Listen: Consult Hyperion Podcasts Consult Hyperion UK Tweed House, 12 The Mount Guildford, Surrey GU24HN, UK. +44 1483 301793 Consult Hyperion USA 535 Madison Avenue, 19th Floor New York, NY 10022, USA. +1 888 835 6124 Contact 48

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