Trust Frameworks and SSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework
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http://ssimeetup.org/trust-frameworks-ssi-interview-culedger-credit-union-mycuid-trust-framework-drummond-reed-webinar-9/ Drummond Reed, Chief Trust Officer at Evernym and Sovrin Foundation Trustee, features in this Webinar “Trust Frameworks and SSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework”. To make SSI work, verifiable digital credentials must be something that websites, businesses, governments, and many others accept. To do that, they need assurances about who issued the credential under what rules. This “rulebook” for issuing digital credentials is called a trust framework. In this webinar, Evernym Chief Trust Officer Drummond Reed, chair of the Sovrin Foundation Trust Framework Working Group, will explain what a trust framework is and why they are are essential to SSI. Then he will interview executives of CULedger, the credit union blockchain consortia, about the MyCUID Trust Framework—the first global trust framework for proving membership in a credit union.
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Trust Frameworks and SSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework
- 1. Trust Frameworks and SSI: 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 global SSI 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
- 4. 4 The format for interoperable, 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 Credentials Ecosystem 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 Credentials Ecosystem 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 Credentials Ecosystem 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
- 11. A trust framework is… 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
- 13. 13 Example: a credit card network relies on a trust framework to establish trust between the parties SSIMeetup.org
- 14. 14 Similarly, the trust in any SSI digital credential will depend on the trust framework under which it is issued Digital Credential SSIMeetup.org
- 16. 16 This is why SSI 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
- 19. Sovrin is… 19 A purpose-built blockchain designed from the ground up to be a global public utility and trust framework for self-sovereign identity SSIMeetup.org
- 20. Sovrin Stewards
- 21. 21 The Sovrin Trust Framework 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 version of the Sovrin Trust Framework was published in July 2017 and governs the current operating Sovrin network SSIMeetup.org
- 23. 23 The Sovrin Trust Framework is specifically designed to serve as a foundation for other SSI trust frameworks SSIMeetup.org
- 26. A domain-specific TF is… 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 intended to serve more than one issuer/verifier needs a domain-specific trust framework SSIMeetup.org
- 28. 28 The first issuers of Sovrin digital credentials are already creating domain-specific trust frameworks SSIMeetup.org
- 30. CULedger is… A consortia created to build blockchain solutions for the credit union industry and its 235M members worldwide SSIMeetup.org
- 31. 31 SSIMeetup.org
- 32. MyCUID is… The first initiative coming from CULedger: a global digital credential of credit union membership SSIMeetup.org
- 33. SSIMeetup.org
- 34. 34 Julie Esser Chief Engagement Officer Rick Cranston Chief Operating Officer SSIMeetup.org
- 36. Trust Frameworks and SSI: 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/