Identity Concepts Around The World

From IIW

Identity Concepts Around the World

Tuesday 4I

Convener: Pelle Braendgaard

Notes-taker(s): Tom Brown

Discussion notes, key understandings, outstanding questions, observations, and, if appropriate to this discussion: action items, next steps:

Most everything we talk about is U.S. or E.U.

Didn't see the applicability of digital identity in developing nations

We have mobile phones, ATM cards

Agent banking

Every 15 days is payday in Nicaragua, Central America

Empeso - usd to pay for bus in Nicaragua although many people find it annoying and prefer cash

China - no gov identity system but corporations provide de-facto identity

People like to display status, so it would help if you could make identity card fashionable in that way

People in Kenya wanted affordable makeup, without the duty markup, with aspirations of becoming more modern

Trust in the sense of reliability: my brakes work or else the stock price of the car company goes down

Tribal trust systems...

Somali Hawala system - strong identity model for payment. you belong to family that belongs to clan

Can send cheap instantaneous money to anywhere there are Somalis

Their KYC is not something you can document.  It's about reliability and knowledge

FATF - Financial Action Task Force

What is the least common denominator of interoperability of these systems around the world?

Hernando de Soto - Mystery of Capital (world bank)

The reason transactions need identity is because FATF

Unless we're talking about credit, KYC's value is questionable

DIF - decentralized identity foundation (Sovrin, Uport, Microsoft, etc)

DID - kind of like a url for an individual

Transferrable statements can take trust statements from your local region to another region