Developer Jelle Millenaar, part of the German non-profit IOTA Foundation, has revealed details of the new Unified Identity Protocol project, which is a key element of IOTA’s plan to develop digital identity solutions..
IOTA Developers Get Started on Large-Scale Digital Identity Project
“The Unified Identity Protocol is a Tangle-based digital profile implementation. It lays the foundations for trusted communication and the economy of things, ”the developer writes..
Tangle is a block-free alternative to blockchain based on the Directed Acyclic Graph (DAG) technology that underpins the IOTA system.
During first half 2020 year The IOTA Foundation will publish a series of articles that will explore the capabilities of the Unified Identity Protocol for a variety of industries. The developers have already uploaded an early implementation of the digital profile on Github and expect to launch experimental applications in the first and second quarters to demonstrate the solution’s capabilities.
As the main motivation for the development of the Unified Identity Protocol, Millenaar names the low level of trust in the network, which hinders the development of new forms of interaction..
“In a business-to-customer relationship, identification is usually done through the time-consuming and costly Know Your Customer (KYC) process. Fast, cheap and trustworthy identification remains a challenge, the publication says. “IOTA is uniquely suited to address digital profile issues. Unlike distributed ledgers with limited access and distributed ledgers that motivate its members to benefit from the consensus-building process, IOTA creates a neutral environment where no one has control over profiles. “.
The IOTA Foundation encourages projects that are developing or needing digital identity solutions to join the initiative and note that they have already begun to receive meaningful support from community members over the past weeks..
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