Blockchain, Digital Identity and Personal Data: The Potential of Self-Sovereign Identity for Europe
19 November 2018
Hosted by MEP Sorin Moisa (EPP) and OpenForum Europe, this roundtable will move the focus away from the fin-tech applications of Blockchain technology to an application that is receiving increasing attention, and one that holds significant potential in technologically and politically relevant fields: self-sovereign identity (SSI).
Self-sovereign identity is the next step in the evolution of digital identity management. It provides the user with individual control, security and full portability, by making the individual their own identity provider and storing the record of identity transactions in a distributed ledger. We could thus move beyond the insecure silos of directories, passwords and usernames to improve how the internet works. By extension, the technology has the potential to revolutionise how individuals interact with public administration and business.