Creation

Identity Creation

Establishing trusted credentials that can be used in future transactions

Formally

An authoritative process demarcating a particular attribute or set of attributes of an individual, entity, or thing, such that the attribute(s) can be used in future transactions to demonstrate the existence and uniqueness of that individual, entity, or thing.

Simply put

Who are you?

Status quo creation processes

It is estimated that 1.1 billion people globally currently lack an officially recognized identity. In the absence of reliable government infrastructure to register people born or companies formed within a country’s borders, often there is a void for other mechanisms of identity creation. Part of this issue lies in a lack of alternative trusted or authoritative institutions for cataloguing new people or entities. However, even for those whose identities are created through formal channels, legacy systems often involve maintaining physical copies of core documents. These include birth certificates, national ID cards, or business registration certificates, and all of them can be prone to loss, theft, forgery, or even degradation from the elements (humidity, water damage, etc.).

Ensuring uniqueness at the time of identity creation remains a challenge within many systems. For example, birth registries of individuals rely on manual processes to ensure that a child is only enrolled once. While biometric collection is increasingly used on adults to ensure uniqueness in many systems, there is not yet a clear consensus on whether it is feasible to recognize newborns and infants using biometrics, and if biometric recognition is indeed feasible, which modality is best suited.

Similarly, there are vast opportunities for fraud or corruption. Black market assets can be made without industry accepted attributes — for example, “ghost guns,” firearms that have fake serial numbers, to track. So-called “diploma mills,” or fake universities, can churn out fake attributes claiming certifications of academic achievement without that person ever completing the relevant coursework. making them difficult for law enforcement.

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