Digital identity comprises a combination of an entity’s identifiers — ex. an individual’s email address, a vehicle’s VIN — and the information associated with those identifiers. Today, digital transactions rely on identifiers issued by centralized platforms to authenticate themselves. However, in addition to being vulnerable to fraud, identity theft, and data leaks, centralized approaches to identity management lack the portability and flexibility needed to give entities adequate control over their digital identities.
Citopia and the ITN leverage W3C self-sovereign identity standards to form a collaborative framework between two independent networks — with neither containing complete information about any users or transactions — wherein participants can selectively disclose information for transactions at the edge.