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Self-Sovereign Identity: Who Will Own the Wallet of the Future?

Digital Identitytbd

September 16, 2020 | Drummond Reed,  Chief Trust Officer at Evernym, Inc. 

Self-sovereign identity—often abbreviated SSI—has become the hottest topic in digital identity. On the surface, it appears to be about how blockchain technology will enable us to start using digital wallets and digital credentials as a simpler, safer, more private way to prove who we are online. But now many are recognizing that SSI is actually about something much bigger: the future of the Internet. It’s about controlling what you can do, where you can go, and who you can be in your digital life. Depending on how the “Wallet Wars” turns out, it may be the biggest shift of “power to the people” since the Internet was born—or just another tool for Big Tech to further consolidate its power and influence. Join this Innov8 session to understand how and why SSI digital wallets will become the most important new digital tool since the browser.

Drummond has spent over two decades in Internet identity, security, privacy, and trust frameworks. He joined Evernym as Chief Trust Officer after Evernym acquired Respect Network, where he was co-founder and CEO. At the Trust over IP Foundation, Drummond is a member of the Steering Committee and co-chair of the Governance Stack Working Group. At the Sovrin Foundation, he serves as chair of the Sovrin Governance Framework Working Group. He is co-editor of the DID (Decentralized Identifiers) specification in the W3C DID (Decentralized Identifier) Working Group. For ten years he served as co-chair of theOASIS XDI Technical Committee, a semantic data interchange protocol that implements Privacy by Design. Prior to starting Respect Network, Drummond was Executive Director of two industry foundations: the Information Card Foundation and the Open Identity Exchange. He has also served as a founding board member of the OpenID Foundation, ISTPA,XDI.org, andIdentity Commons. In 2002 he received the Digital Identity Pioneer Award from Digital ID World, and in 2013 he was cited as an OASIS Distinguished Contributor.

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