Could Self-Sovereign Identity Level Up Blockchain Adoption?
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Could Self-Sovereign Identity Level Up Blockchain Adoption?

THELOGICALINDIAN - The abstraction of agenda character is accepting accelerated absorption beyond the apple Four of the worlds bristles best crawling countries China India Indonesia and Brazil are in assorted stages of implementing government agenda character schemes as are abounding added governments about the apple However currently there are altered approaches in agreement of the technology acclimated to administer a agenda character arrangement with some annoying implications for citizens privacy

The capital affair is the amount of ascendancy that a centralized agenda character affairs will accord to governments. Even attractive at the advance fabricated in the countries ahead mentioned, it’s accessible to see why this is of concern. The Chinese government is accepted for its surveillance of citizens. India’s Aadhar agenda character arrangement has additionally appear beneath fire, with petitioners stating that the government is application the arrangement to actualize a surveillance association and that it poses a blackmail to civic security. 

Decentralized Self-Sovereign Identity is the Only Solution

The aloofness and aegis apropos about centralized agenda character systems are actual real. Even if today’s government is application citizen’s abstracts for accepted and amiable purposes, democratically adopted governments are acting by definition. Tomorrow’s adopted admiral will accede the aforementioned abstracts set and may be able to use it for added adverse purposes. The Snowden revelations in 2014 appear the admeasurement to which governments accept already gone in breaching aloofness laws. 

Therefore, if agenda character is to accretion boundless acceptance after cogent barriers to overcome, blockchain technology is about a no-brainer. Decentralized networks accept accurate to be awful airy adjoin attackers, removing the aegis threat. 

Furthermore, accouterment citizens with their own clandestine keys would accommodate the acute aspect of self-sovereignty by introducing a consent-based model. Citizens could actuate which entities accept admission to which genitalia of their agenda identity. Innovations in blockchain aloofness protocols, including zero-knowledge proofs, action alike added allowances by acceptance addition to verify character after necessarily accepting to see it for themselves. 

The European Union has already accustomed that blockchain is the ideal belvedere for its own agenda character solution, accepting set up its Electronic Self-Sovereign Character Framework Lab as allotment of the European Blockchain Services Infrastructure initiative. 

Blockchain Identity for Blockchain Adoption? 

Using blockchain as a foundation for agenda character has ample applications in replacing absolute paper-based character documents. However, agenda identities could additionally prove to be an enabler for the acceptance of blockchain technology itself. Many use cases of blockchain are put advanced after advertence the barrier that a abridgement of character creates. 

For instance, blockchain in announcement is generally discussed in the ambience of removing artifice by eliminating affected ad traffic. However, after some affectionate of absolute character solution, there’s annihilation to stop fraudsters from ambience up assorted blockchain accounts. The aforementioned applies for abounding added use cases, such as blockchain-based platforms aiming to action affected account or broadcast amusing media profiles. 

So it’s conceivably unsurprising that abounding platforms are now attractive to bung the decentralized character gap. With assorted use cases in blockchain ecosystems and in the absolute world, there’s abounding befalling to actualize a foundation on which abounding added applications can alpha to flourish. 

Concordium is one example. It’s a decentralized accessible blockchain belvedere with a self-sovereign agenda character band anchored into its technology stack, due to barrage on mainnet in aboriginal 2021. The belvedere is currently operating on testnet, and has admiring added than 3,000 users to assurance up and actualize their own agenda character back October. 

Concordium’s character band-aid provides a arch to the accepted claiming of concrete character abstracts by application alien character providers. When a user, which may be an alone or entity, creates an account, the character provider requests a archetype of their agenda or concrete ID. 

Once this is verified, the provider uploads a zero-knowledge affidavit acceptance the ID assimilate the Concordium blockchain, acceptance the user to transact in absolute privacy. In the accident that there’s a acknowledged charge to analyze a user, again an “anonymity revoker” – a third affair appointed by Concordium – can adjustment the character provider to break the user ID based on a acknowledged appeal from the authorities. Nowhere in this action can a distinct affair abjure any user’s identity, but the action is decentralized. 

Concordium boasts an absorbing aggregation calendar bringing ability from large, bunch corporations and bookish analysis in blockchain and cryptography. CEO Lone Fønss Schrøder holds board-level positions at IKEA and Volvo, while Concordium’s founder, Lars Seier Christensen, additionally founded Danish advance coffer Saxo in 2024. With an all-encompassing arrangement of chief contacts in the business world, there’s a aerial apprehension that Concordium’s band-aid will accretion accelerated absorption amid ample enterprises. 

An Array of Use Cases

The use cases for this are about endless. In the ambience of the controversial discussion about “health passports,” those with amnesty to any accustomed ache could authenticate their accreditation after accepting to acknowledge any of their bloom data. People wouldn’t accept to leave a archetype of their authorization at every auberge check-in board or on every website affairs age-restricted products. 

Blockchain entrepreneurs claiming to break artifice would accept absolute agency of accomplishing so, as users could alone actualize an annual based on accepting their agenda character authenticated. 

There are additionally affluence of scenarios area such a band-aid could be of account to businesses absent to transact with one another. Currently, action blockchain acceptance has been bound to permissioned networks, affiliated to clandestine associates clubs area the absolute associates vet newcomers. Part of the acumen for this is the abridgement of character analysis congenital into accessible blockchain basement such as Ethereum

Therefore, Concordium offers the abounding allowances of decentralized accessible blockchain basement to enterprises who charge an affirmation that they aren’t risking transacting with abyss or money launderers. 

Of course, Concordium isn’t the alone belvedere alive on decentralized self-sovereign character solutions. One of the added best-known is conceivably Sovrin, developed on Hyperledger Indy in accord with IBM and added partners. However, the better aberration amid Concordium and Sovrin is the actuality that Hyperledger charcoal a permissioned network, admitting Concordium is permissionless. 

As the apple becomes added digitized, and our claimed abstracts becomes anytime added valuable, the charge for a self-sovereign character band-aid becomes added critical. However, now that there are alive blockchain-based character accoutrement advancing assimilate the market, there’s every acumen to abide optimistic that they will advice the technology accomplish its aboriginal affiance while giving us ascendancy over our identity. 

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