Evolution of Decentralized Identity - Collaboration & Global Impact
summary
Bloom demonstrates that identity does not need mass on‑chain storage: Bloom’s mid‑2019 account registry shows high daily blockchain write costs from registering every signup, so identities use off‑chain DID wallets and message signing instead. Standards (W3C, DIF, ToIP) and Trust Wallet libraries enable interoperable verifiable credentials. Concrete deployments include GoodWorker (India) job/skills marketplace, enterprise trade profiles like Tristana, and hackathon builds such as Traffy Guard (compound‑backed trade finance) and Molecule KYC NFT for privacy‑preserving KYC. Governments (Aadhaar, SingPass) and fraud patterns in Brazil shape design.
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chapters (17)
- 0:00Introduction
- 1:20Identifying Everyone
- 2:35Blockchain Solutions
- 3:40Smart Contracts
- 4:42Decentralized Identifier
- 5:33Decentralized Identity Terminology
- 7:47Big Tech Involvement
- 8:36Goodworker
- 10:01Enterprise
- 10:55Health
- 12:07Ethereum Hackathons
- 13:00Decentralized Identity Foundation
- 13:27Decentralized Identity vs DeFi
- 14:19Traffic Guard
- 15:45Molecule
- 16:35What can we build together
- 19:46PeertoPeer Identity
