Identity is at the core of each and every interaction. While the required level of trust between identities can vary from one interaction to another, the necessity to exchange it in a secure and privacy preserving manner is universal.
Many different identity systems:
- Public Key Infrastructure (PKI) based identity systems.
- SAML Provider (private and government).
- Federated identities such as Google, Microsoft, Facebook, etc.
- …..
-> All are centralized and the user of an identity never owns his data!
In the self-sovereign identity (SSI) paradigm, individuals and objects are enabled to create and manage their identifiers in a decentralized fashion, without relying on a third-party identity provider. Unlike existing identity solutions that are structured from the perspective of the organization that provided the identifier (like PKI solutions), self-sovereign identities are structurally set out to work from the perspective of the individual or object that is the subject of a given identifier.
Aloaha Decentralized Self-Sovereign Identity (SSI)
The Aloaha Decentralised Self-Sovereign Identity is fully ERC Standards Interface compliant. Additionally it can be used as DID (W3C Decentralized Identifiers)
Every owner of an Aloaha Wallet can enable his own Decentralised Self-Sovereign Identity with just a click on a button.
The inbuilt Claim System system allows to store any on-chain or off-chain claims, documents or properties. The Aloaha System is tightly integrated with the Aloaha Distributed Storage. This makes the Aloaha Decentralized Self-Sovereign Identity System not only useful for natural persons but also for legal persons or objects.
For example:
- A telephone carrier could create an identity for every route to attach its CDR’s for easier reconciliation.
- Fleet management systems could create an identity for every vehicle to attached the maintenance logs, etc.
- Every part of a plane could get its own identity to attach maintenance logs and documents.
- Property Identities could be used to archive purchase and rental contracts, maintenance logs, etc.
- Patients can finally keep their valuable health records in their own Identity contract and share it only with the health professionals when needed.
- Every “piece of cheese” could get its identity for easier traceability of from its origin to the final consumer.
- KYC or eKYC Documents could be managed by the legal person to be shared with the entity requiring those making the KYC procedure much faster than currently.
- Legal persons can use their DID as SSI Single Sign On Token. This allows the person to gain back control over his personal data.
- A Decentralized Self-Sovereign Identity can transfer funds on its owners behalf. As there is no private key attached to the SSI this poses an extra layer of security.
- SSI can act as a single source of truth for many topics
You want to learn more about Decentralized Self-Sovereign Identities? Do not hesitate to contact info@aloaha.com.