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Trust Frameworks and SSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework

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http://ssimeetup.org/trust-frameworks-ssi-interview-culedger-credit-union-mycuid-trust-framework-drummond-reed-webinar-9/

Drummond Reed, Chief Trust Officer at Evernym and Sovrin Foundation Trustee, features in this Webinar “Trust Frameworks and SSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework”. To make SSI work, verifiable digital credentials must be something that websites, businesses, governments, and many others accept. To do that, they need assurances about who issued the credential under what rules. This “rulebook” for issuing digital credentials is called a trust framework.

In this webinar, Evernym Chief Trust Officer Drummond Reed, chair of the Sovrin Foundation Trust Framework Working Group, will explain what a trust framework is and why they are are essential to SSI. Then he will interview executives of CULedger, the credit union blockchain consortia, about the MyCUID Trust Framework—the first global trust framework for proving membership in a credit union.

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Trust Frameworks and SSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework

  1. 1. Trust Frameworks and SSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework Drummond Reed with Rick Cranston, COO, and Julie Esser, Chief Engagement Officer of CULedger July, 2018 SSIMeetup.orghttps://creativecommons.org/licenses/by-sa/4.0/
  2. 2. 1. Empower global SSI communities 2. Open to everyone interested in SSI 3. All content is shared with CC BY SA SSIMeetup.org Alex Preukschat @SSIMeetup @AlexPreukschat Coordinating Node SSIMeetup.org https://creativecommons.org/licenses/by-sa/4.0/ SSIMeetup objectives
  3. 3. Verifiable Credentials SSIMeetup.org
  4. 4. 4 The format for interoperable, cryptographically-verifiable digital credentials being defined by the W3C Verifiable Claims Working Group Verifiable credentials are… SSIMeetup.org
  5. 5. Self-Sovereign Identity (SSI) Model PeerYou Distributed Ledger (Blockchain) Connection SSIMeetup.org
  6. 6. Self-Sovereign Identity (SSI) Model Peer Distributed Ledger (Blockchain) Connection Issue credential Verify credential Digital wallet SSIMeetup.org
  7. 7. W3C Verifiable Credentials Ecosystem HolderIssuer Verifier Issues Credential Presents Credential Decentralized Identifiers (DIDs) Public Blockchain or other Decentralized Network Signs Credential Countersigns Credential Verifies Signatures Wallet SSIMeetup.org
  8. 8. Sovrin Verifiable Credentials Ecosystem HolderIssuer Verifier Issues Credential Presents Credential Decentralized Identifiers (DIDs) Public Blockchain or other Decentralized Network Signs Credential Countersigns Credential Verifies Signatures Wallet Pairwise Unique DIDs Pairwise Unique DIDs SSIMeetup.org
  9. 9. Sovrin Verifiable Credentials Ecosystem HolderIssuer Verifier Issues Credential Presents Credential Decentralized Identifiers (DIDs) Public Blockchain or other Decentralized Network Signs Credential Countersigns Credential Verifies Signatures Wallet Zero Know- ledge Cred Zero Know- ledge Proof SSIMeetup.org
  10. 10. Trust Frameworks SSIMeetup.org
  11. 11. A trust framework is… 11 A set of business, legal, and technical rules which members of a community agree to follow in order to achieve trust online SSIMeetup.org
  12. 12. 12 Business Policies Legal Policies Technical Policies SSIMeetup.org
  13. 13. 13 Example: a credit card network relies on a trust framework to establish trust between the parties SSIMeetup.org
  14. 14. 14 Similarly, the trust in any SSI digital credential will depend on the trust framework under which it is issued Digital Credential SSIMeetup.org
  15. 15. 15 Digital Credential Trust Framework SSIMeetup.org
  16. 16. 16 This is why SSI is going to lead to an explosion of trust frameworks SSIMeetup.org
  17. 17. HolderIssuer Verifier Issues Credential Presents Credential Decentralized Identifiers (DIDs) Public Blockchain or other Decentralized Network Signs Credential Countersigns Credential Verifies Signatures Wallet Trust Framework SSIMeetup.org
  18. 18. The Sovrin Trust Framework SSIMeetup.org
  19. 19. Sovrin is… 19 A purpose-built blockchain designed from the ground up to be a global public utility and trust framework for self-sovereign identity SSIMeetup.org
  20. 20. Sovrin Stewards
  21. 21. 21 The Sovrin Trust Framework Working Group has over 30 experts from around the world, including 2 leading global law firms, plus GDPR and E-Privacy experts SSIMeetup.org
  22. 22. 22 The first version of the Sovrin Trust Framework was published in July 2017 and governs the current operating Sovrin network SSIMeetup.org
  23. 23. 23 The Sovrin Trust Framework is specifically designed to serve as a foundation for other SSI trust frameworks SSIMeetup.org
  24. 24. 24 Sovrin Trust Framework Domain- specific trust frameworks SSIMeetup.org
  25. 25. Domain-Specific Trust Frameworks SSIMeetup.org
  26. 26. A domain-specific TF is… 26 An SSI trust framework that specifies what issuers will issue what credentials under what policies to achieve desired levels of trust SSIMeetup.org
  27. 27. 27 Any digital credential intended to serve more than one issuer/verifier needs a domain-specific trust framework SSIMeetup.org
  28. 28. 28 The first issuers of Sovrin digital credentials are already creating domain-specific trust frameworks SSIMeetup.org
  29. 29. CULedger and MyCUID SSIMeetup.org
  30. 30. CULedger is… A consortia created to build blockchain solutions for the credit union industry and its 235M members worldwide SSIMeetup.org
  31. 31. 31 SSIMeetup.org
  32. 32. MyCUID is… The first initiative coming from CULedger: a global digital credential of credit union membership SSIMeetup.org
  33. 33. SSIMeetup.org
  34. 34. 34 Julie Esser Chief Engagement Officer Rick Cranston Chief Operating Officer SSIMeetup.org
  35. 35. Questions? SSIMeetup.org
  36. 36. Trust Frameworks and SSI: An Interview with CULedger on the Credit Union MyCUID Trust Framework Drummond Reed with Rick Cranston, COO, and Julie Esser, Chief Engagement Officer of CULedger July, 2018 SSIMeetup.orghttps://creativecommons.org/licenses/by-sa/4.0/

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