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Identity Auth and Security

Secure verifiable identity is critical to the successful adoption of AI.

Job to be Done​

The job to be done of the identity component is to:

  1. Provide self-sovereign identity capabilities, allowing users to create, own, and control their digital identities without relying on centralized authorities.
  2. Generate and manage decentralized identifiers (DIDs) that are cryptographically verifiable and not tied to any single organization.
  3. Enable the creation, issuance, and verification of verifiable credentials that can be securely shared and validated without revealing unnecessary personal information.
  4. Leverage blockchain technology to create a tamper-proof and distributed registry for identity-related data and public keys.
  5. Implement privacy-preserving mechanisms like zero-knowledge proofs to allow selective disclosure of identity attributes.
  6. Facilitate interoperability between different identity systems and applications through the use of open standards like W3C DIDs and Verifiable Credentials.
  7. Provide secure key management and storage solutions, potentially through digital wallets, to safeguard users' private keys and credentials.
  8. Enable users to authenticate and authorize access to services and resources without relying on centralized identity providers or passwords.
  9. Support identity recovery mechanisms in case of lost or compromised credentials.
  10. Ensure compliance with relevant data protection regulations while maintaining user privacy and control.
  11. Facilitate secure and efficient identity verification processes for various use cases like KYC/AML, access control, and digital signatures.
  12. Enable users to manage consent and revoke access to their identity information as needed.

3FA​

Three-factor authentication (3FA) is a security method that requires users to provide three distinct types of identity verification before gaining access to a system or account[1][2]. The three factors typically come from the following categories:

  1. Knowledge (something you know): e.g., passwords, PINs
  2. Possession (something you have): e.g., smartphones, key fobs
  3. Inherence (something you are): e.g., fingerprints, facial recognition

3FA is important for several reasons:

  1. Enhanced security: It significantly improves protection against unauthorized access compared to single or two-factor authentication.
  2. Reduced risk: It's highly unlikely that an attacker could fake or steal all three elements required for authentication.
  3. Ideal for sensitive data: 3FA is particularly useful for organizations handling sensitive information and requiring high-level security for logins.
  4. Versatility: It can be implemented in various ways, allowing organizations to choose the most appropriate factors for their needs.
tip

Proof of Identity is a hardware problem

Traditional Identity​

Turbo and Clerk provides best way to handle mobile and web auth from a monorepo.

Decentralised Identity​

Which blockchain will solve the identity and privacy problem?

Account abstraction streamlines the user experience by abstracting away the complexity of the blockchain. It allows users to pay transaction fees in tokens other than Ether, and it allows developers to pay transaction fees on behalf of their users.

Providers​

Incumbent identity authentication and security solutions.

Decentralized identity.

Zero Knowledge Proofs

Worldcoin​

Worldcoin.org was co-founded by Sam Altman to help counter the threat of AI destroying trust in the systems society relies upon to operate functional economies.

Investors