As the groundswell around the Self-Sovereign Identity (SSI) movement grows, it's important to consider what impacts it may have on existing businesses that want to adopt and support this new model of dealing with Identity. This talk will walk through the identity life-cycle at a relying party and discuss impacts and changes necessary to support SSI identities.
Key takeaways:
Decentralized Identifiers (DIDs) are a key building block of the emerging Self-Sovereign Identity (SSI) ecosystem. They are a new kind of identifier: Persistent, cryptographically verifiable, resolvable, and of course decentralized, i.e. independent of any central authority or intermediary. In this talk we will explore how DIDs function internally, how they can get registered and resolved, and how they can be used for authentication purposes (DID Auth). The talk will also give an update on the current state of standardization and implementation of DIDs.