There exists no blockchain that is truly public and stateless. All current blockchain technologies intend to store data. We just want to store the receipt of an ID transfer; not the data. In the matter of transferring an ID token/nugget, we only require a decentralised transfer of data. The data structures used by current blockchain technologies is restrictive and do not allow for expansion or abstraction. We call for a new, stateless, public Blockchain.
We found it very possible, feasible and worthwhile moving a major operation to the Blockchain. This first implementation will further pave way to move from the Internet to the Blockchain. New technology is being made and discovered. This will further the cause of Decentralization.
Decentralized ID (DID) is A schema to provide authentication services securely on a Decentralized network and a Democratic Blockchain-based Foundation geared towards protecting people’s IDs on Decentralized Computer Systems.
As of its launch in September 2017, DID comes with a working software schema based on mobile wallets and the Ethereum Network to show how ID transfer can be performed on a Blockchain. DID also provides a draft proposal for how to achieve this and recommends starting a foundation to oversee how ID is being used/transferred in a Crypto-world. The project is working closely with a Government department to conduct a pilot study of putting National ID cards on the Blockchain.
As of its launch in September 2017, DID comes with a working software schema based on mobile wallets and the Ethereum Network to show how ID transfer can be performed on a Blockchain. DID also provides a draft proposal for how to achieve this and recommends starting a foundation to oversee how ID is being used/transferred in a Crypto-world. The project is working closely with a Government department to conduct a pilot study of putting National ID cards on the Blockchain.
DID Solve the problems below :
- There does not exist a two-way trust mechanism with ID transfers on the Blockchain. DID provides just that.
- There exists no secure way to issue an ID card, a license, a passport or a visa using the current communication channels. DID employs a public Blockchain network to show how ID can be issued securely on a Blockchain.
DID Features :
- Transfers your ID on the Blockchain: (Like an Internet Login)
- Issues IDs on the Blockchain: (Like issuing a driving license)
- P2P ID transfer: (Like giving visiting/business cards)
The DID system and the DID Foundation are geared towards protecting your ID and putting you in control of your ID. Currently based on the Ethereum Mainnet, DID is a functional schema that you can try today. See how your ID gets transferred over the Blockchain.
The DID system works by employing smart contracts on a distributed network. The smart contracts form the logical and programming unit of the schema. The DID software is broken down into the following blocks:
1. Mobile App: For the end-user to interact with the system.
2. DID endpoints: Carry out user instructions securely over the blockchain
3. DID API & Marketplace: For developers to provide a Login with DID system and to work with BOCA certificates.
4. BOCA issuance: A platform for the IDrequesting bodies to register to provide their authenticity to the end users.
1. Mobile App: For the end-user to interact with the system.
2. DID endpoints: Carry out user instructions securely over the blockchain
3. DID API & Marketplace: For developers to provide a Login with DID system and to work with BOCA certificates.
4. BOCA issuance: A platform for the IDrequesting bodies to register to provide their authenticity to the end users.
The DID system can be used as:
1. Logging into websites
2. Showing your Passport on a border
3. Proving your ID to an Officer
4. Providing your ID like a business card to another person
5. Holding bank accounts
6. Holding memberships
7. As reward cards
8. As a Debit Card associated with your ID
9. Logging into smart devices
10. Proving presence
11. Logging in into an office (HR)
12. A means to issue ID cards, Passports and Visas.
13. A means to issue licenses. E.g. Driving license, medical practitioner license, gun license.
14. A means to issue membership of an organization.
15. A means to issue Medical records on the Blockchain.
16. A means to provide trust in figures of Authority. E.g. Policemen, Traffic wardens etc.
17.A means to provide trust in an ID-requesting body.
The DID Foundation, while non-profit, will re-invest its profit into the foundation to further its objectives. We envision the DID Foundation to be a fully-funded organization in the near future. The Foundation will make it’s moneys from:
1. Charging a percentage on top of a cost of a DID transactions: Given that this DID txn cost can be funded either by the user or the requester, DID transactions are to grow to a million transactions per month by the end of 2018. Thus, the main source of income will be providing intermediately services.
2. Issuing BOCA Certificates:
Exactly like SSL, these certificates will prove the authenticity of an ID requesting body. The DID Foundation will charge for issuance of these certificates and will become the sole authority to provide this level of verification. Imagine SSL being converted into BOCA and the DID foundation looking after the BOCA sales and implementation.
Blockchain-Originated Certificate of Authenticity (BOCA)
Say hello to the SSL certificate of the Decentralized world! The DID foundation will re-imagine and re-engineer subscribers' trust in authenticity over a decentralized network. Before you provide your ID or data to an organization, you can now check over a decentralized network if the requested transaction comes from a verified source.
DID is a democratic foundation where holders of the DID tokens become voting member of the foundation. The proposed Foundation will have two types of members:
1. Full Members: All DID holders.
2. Resident Full Members: DID holders who decide to join the Foundation as resident members of the physical foundation in the UK.
DID is a Crypto token based on ERC20 standard that are exchangeable, transferable and consumable. These tokens prove membership of the foundation.
DID Foundation Benefits :
- Protecting Your ID
- Providing Trust
- Crypto-Positive
Democratic Foundation
The DID foundation will be entrusted with ensuring that people’s IDs are protected and in their control. The foundation will be seeking votes from all of its voting members to set a direction for the foundation and to direct the foundation on issues concerning their privacy and ID transfer in a Decentralized world.
All voting will take place in an Electronic format on a Blockchain. The votes will be available on a distributed ledger for inspection. We leave it to our members if they want to remove anonymity of their votes and claim entries on the distributed ledger. The resident members of the Foundation will carry out all voting procedure in a transparent manner. The foundation will be obliged to take to its members any and every proposal/decision that affects people’s IDs.
Get the DID Login Mobile App at : https://login.my.id/
Token Information
Token Name : Decentralized ID Token
Token Symbol : DID
Token Type : ERC20
Total Supply : 20,000,000,000 DID
ICO Date :
Phase 0 : 27 Dec, 2017 - 4 Jan, 2018
Phase 1 : 4 Jan, 2018 - 14 Jan, 2018
Phase 2 : 14 Jan, 2018 - 24 Jan, 2018
Phase 3 : 24 Jan, 2018 - 4 Feb, 2018
Phase 4 : 4 Feb, 2018 - 14 Feb, 2018
Token Price :
Phase 0 : $0.001
Phase 1 : $0.0013
Phase 2 : $0.0016
Phase 3 : More than Phase 2
Phase 4 : More than Phase 3Accepted Currencies : BTC, ETH, BCH
Hard Cap : NIL
CLICK LINK BELOW FOR MORE
DID Site : https://decentralized.id/
DID Whitepaper : https://decentralized.id/docs/DID-whitepaper.pdf
DID Telegram : https://t.me/didfoundation
DID Twitter : https://twitter.com/didfoundation
DID Facebook : http://facebook.com/decentralizedID
Profile bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1343532
ETH Addr : 0x0243E433ee123cDB927e22e99FA31D0d34195A38
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