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Trust Frameworks and SSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework
The document discusses trust frameworks and self-sovereign identity (SSI), focusing on CUledger's MyCUID initiative for the credit union sector. It highlights the importance of trust frameworks in establishing trust online and the role of verifiable credentials in the SSI model. The Sovrin Trust Framework is presented as a global utility for SSI, facilitating the issuance of digital credentials within specific policies.
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Trust Frameworks and SSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework
- 1. Trust Frameworks andSSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework Drummond Reed with Rick Cranston, COO, and Julie Esser, Chief Engagement Officer of CULedger July, 2018 SSIMeetup.orghttps://creativecommons.org/licenses/by-sa/4.0/
- 2. 1. Empower globalSSI communities 2. Open to everyone interested in SSI 3. All content is shared with CC BY SA SSIMeetup.org Alex Preukschat @SSIMeetup @AlexPreukschat Coordinating Node SSIMeetup.org https://creativecommons.org/licenses/by-sa/4.0/ SSIMeetup objectives
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- 4. 4 The format forinteroperable, cryptographically-verifiable digital credentials being defined by the W3C Verifiable Claims Working Group Verifiable credentials are… SSIMeetup.org
- 5. Self-Sovereign Identity (SSI)Model PeerYou Distributed Ledger (Blockchain) Connection SSIMeetup.org
- 6. Self-Sovereign Identity (SSI)Model Peer Distributed Ledger (Blockchain) Connection Issue credential Verify credential Digital wallet SSIMeetup.org
- 7. W3C Verifiable CredentialsEcosystem HolderIssuer Verifier Issues Credential Presents Credential Decentralized Identifiers (DIDs) Public Blockchain or other Decentralized Network Signs Credential Countersigns Credential Verifies Signatures Wallet SSIMeetup.org
- 8. Sovrin Verifiable CredentialsEcosystem HolderIssuer Verifier Issues Credential Presents Credential Decentralized Identifiers (DIDs) Public Blockchain or other Decentralized Network Signs Credential Countersigns Credential Verifies Signatures Wallet Pairwise Unique DIDs Pairwise Unique DIDs SSIMeetup.org
- 9. Sovrin Verifiable CredentialsEcosystem HolderIssuer Verifier Issues Credential Presents Credential Decentralized Identifiers (DIDs) Public Blockchain or other Decentralized Network Signs Credential Countersigns Credential Verifies Signatures Wallet Zero Know- ledge Cred Zero Know- ledge Proof SSIMeetup.org
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- 11. A trust frameworkis… 11 A set of business, legal, and technical rules which members of a community agree to follow in order to achieve trust online SSIMeetup.org
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- 13. 13 Example: a creditcard network relies on a trust framework to establish trust between the parties SSIMeetup.org
- 14. 14 Similarly, the trustin any SSI digital credential will depend on the trust framework under which it is issued Digital Credential SSIMeetup.org
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- 16. 16 This is whySSI is going to lead to an explosion of trust frameworks SSIMeetup.org
- 17. HolderIssuer Verifier Issues Credential Presents Credential Decentralized Identifiers(DIDs) Public Blockchain or other Decentralized Network Signs Credential Countersigns Credential Verifies Signatures Wallet Trust Framework SSIMeetup.org
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- 19. Sovrin is… 19 A purpose-builtblockchain designed from the ground up to be a global public utility and trust framework for self-sovereign identity SSIMeetup.org
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- 21. 21 The Sovrin TrustFramework Working Group has over 30 experts from around the world, including 2 leading global law firms, plus GDPR and E-Privacy experts SSIMeetup.org
- 22. 22 The first versionof the Sovrin Trust Framework was published in July 2017 and governs the current operating Sovrin network SSIMeetup.org
- 23. 23 The Sovrin TrustFramework is specifically designed to serve as a foundation for other SSI trust frameworks SSIMeetup.org
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- 26. A domain-specific TFis… 26 An SSI trust framework that specifies what issuers will issue what credentials under what policies to achieve desired levels of trust SSIMeetup.org
- 27. 27 Any digital credential intendedto serve more than one issuer/verifier needs a domain-specific trust framework SSIMeetup.org
- 28. 28 The first issuersof Sovrin digital credentials are already creating domain-specific trust frameworks SSIMeetup.org
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- 30. CULedger is… A consortiacreated to build blockchain solutions for the credit union industry and its 235M members worldwide SSIMeetup.org
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- 32. MyCUID is… The firstinitiative coming from CULedger: a global digital credential of credit union membership SSIMeetup.org
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- 34. 34 Julie Esser Chief EngagementOfficer Rick Cranston Chief Operating Officer SSIMeetup.org
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- 36. Trust Frameworks andSSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework Drummond Reed with Rick Cranston, COO, and Julie Esser, Chief Engagement Officer of CULedger July, 2018 SSIMeetup.orghttps://creativecommons.org/licenses/by-sa/4.0/