The Future of Digital Identity: Simplified Insights from EthCC 2024
Silvia Mogas ?? Web3 Marketing PR
Marketing Leader of the Year 2024 | CEO & Founder @BMBWeb3 #BMBOnTour??| Web3 Strategy, PR, Growth | TOP100 Women of the Future | International Speaker | @RugRadio Host | Lecturer & Advisor | MBA | Dubai - Barcelona
It's been a month since we returned from EthCC 2024 in Brussels. It was insightful, transformative and motivating!
One of the sessions I attended was "The Future of Digital Identity" by dcbuilder.eth from the World Foundation
Here's a simplified overview of what I learned:
Current Issues with Digital Identity
Today, our personal data is collected and monetized by big companies, but we, the users, don't benefit from it. We don't have control over our own data. We don't have self-sovereign.
New Technologies in Cryptography
There are several new advancements in cryptography that can help us prove our identity and information without compromising our privacy. These include:
Some proofs:
Examples of Digital Identity Systems
The Future of Digital Identity
Zero-knowledge proofs will play a big role in digital identity. They let us prove information without revealing sensitive details. This self-sovereign approach, where individuals control their own data, is key.
Challenges Ahead
Standardizing these new technologies and protocols will be challenging, but it's essential for a secure and user-controlled digital identity future.
Another insightful session I attended was "Context-Based, Private Proof of Uniqueness" by my friend Sebastian Rodriguez from Privado ID (Formerly Polygon ID) . Here are the highlights:
The session focused on the idea of protecting your unique identifier (like your passport) with context-based unique identifiers. Instead of using the same identifier everywhere, this system creates a different identifier for each context or interaction, making it harder for someone to track you across different activities.
How It Works: Every interaction you have creates a new, unique identifier specific to that context. This identifier is fungible, meaning it's only valid within that specific interaction and cannot be used elsewhere.
Problems with Universal Database Identifiers:
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Importance of Context-Based Identifiers:
Context-based unique identifiers offer a promising solution for enhancing privacy and security in digital interactions. They protect your identity by creating unique, secure identifiers for each context, making it difficult for anyone to track or misuse your personal information.
In the era of generative AI, societies will face a crisis of trust. Let’s build systems of trust that don’t undermine our right to privacy.
Finally but not least I will talk about the use case of Unstoppable with @sandy Carter and Pudgy Penguins @luka netz.
Key Takeaways
Future of Digital Communities
Digital communities will play a significant role in the future. People see value in these communities and want to be part of them. For example, Pudgy Penguins users can have a unique identity like luca.pudgy that they use across multiple platforms. This single identity allows for seamless login and interaction in various digital spaces.
Recent Announcements from Pudgy Penguins
Future Applications
Looking ahead, your digital identity could encompass much more than just community interaction. For instance, silviamogas.eth could potentially hold:
The integration of digital identity with NFTs and blockchain technology is opening new avenues for community building and personal data management. By aligning your identity with your community, you can create a cohesive and secure online presence that extends far beyond social interactions.
See you in Cannes!
silviamogas.eth
www.silviamogas.com
VP Engineering | Web3 Builder | Crypto
3 个月Highly recommended
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