Traditional identity and access management solutions built so far on the trust for selected identity providers and their adoption from an ecosystem of identity owners and identity verifiers. The decentralized identity paradigm is disrupting these ecosystems and required more democratic collaboration and competition among a number of identity and credential issuers, identity owners, and verifiers selecting and using them. This requires not only to design and implement new technologies but also to identify new business opportunities and business models. Collaboration, experimentation, and evaluation are the road to adoption, and the EU collaborative H2020 research and innovation framework offers the opportunity to de-risk such collaborations, in favor of innovation.
Many decentralized identity infrastructures and ecosystems around the world are emerging, but how can we get to true global interoperability, where my digital identity works seamlessly across borders and across different use cases?
Two of the most prominent initiatives in the digital identity space right now are 1. the digital Permanent Resident Card use case supported by the U.S. Department of Homeland Security, and 2. the European Blockchain Service Infrastructure (EBSI) with its various pilot projects.
In this talk, we will look at the "Transatlantic SSI Interop" experiment conducted by an EU company (Danube Tech) and a US company (Digital Bazaar) that shows how such different initiatives can connect and interoperate.
The disruptive changes in the SSI paradigm will not be effortlessly adopted by the industry worldwide without technological enablers. Indeed, before transitioning to a fully decentralized ecosystem, standard enterprise IAM solutions and canonical IGA disciples will need to adapt and integrate verifiable credentials. This talk will explore the hybrid decentralization paradigm, offering pointers and insights into the uncontestable evolutionary needs of enterprises. After all, industry IAM solutions must evolve to include VCs issuing and verification capabilities to fully embrace the trustless trust paradigm while retaining complete control of authorization flows.