How Blockchain Facilitates Self-Sovereign Identity

Presented by

Prabath Siriwardena, Senior Director - Security Architecture, WSO2 | John Callahan, Chief Technology Officer, Veridium

About this talk

In today’s digital landscape, we don’t own our digital identities. We might be able to control what information we put online, and manage how it’s used to a degree, but once we give that data to Facebook, Google, or Microsoft, they own it. The emerging technology of blockchain has the potential to change that with the concept of self-sovereign identity (SSID). With SSID, individuals could maintain control over their digital identities, as well as how it is used and where it is stored. This would benefit businesses and consumers alike, simplifying efforts like KYC that cost financial institutions millions of dollars a year, and preventing data theft or misuse like the current Facebook/Cambridge Analytica fiasco. In this webinar, a leading blockchain researcher, Prabath Siriwardena, explores the evolution of identity management in the era of blockchain, introducing the idea of Bring Your Own Identity (BYOID) and self-sovereign identity, and the need for strong authentication using biometrics as part of this innovation. Prabath has over 10 years of experience in identity and access management and is currently leading WSO2’s research into bringing blockchain and federated identity together to better protect user privacy.

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