10 min
Fostering an ecosystem: SSI hits its stride G+D Spotlight
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- Technology
The concept of self-sovereign identity (SSI) was born of digitally empowered communities’ efforts to find a decentralized answer to the issue of trust and identity on the internet. As the technology has developed, so have use cases, and the potential of an ecosystem based upon trust that benefits all stakeholders (government, enterprise, and end user) – while protecting privacy – is becoming increasingly clear.
Key takeaways:
- Governmental digital IDs in a functional SSI ecosystem foster uptake of eGovernment offerings.
- Individuals retain control of their data, and secure their privacy. Governments can provide and offer services quicker and more efficiently.
- Businesses can offer user journeys that are more convenient and with fewer obstacles.
The concept of self-sovereign identity (SSI) was born of digitally empowered communities’ efforts to find a decentralized answer to the issue of trust and identity on the internet. As the technology has developed, so have use cases, and the potential of an ecosystem based upon trust that benefits all stakeholders (government, enterprise, and end user) – while protecting privacy – is becoming increasingly clear.
Key takeaways:
- Governmental digital IDs in a functional SSI ecosystem foster uptake of eGovernment offerings.
- Individuals retain control of their data, and secure their privacy. Governments can provide and offer services quicker and more efficiently.
- Businesses can offer user journeys that are more convenient and with fewer obstacles.
10 min