Decentralized Identity Credentials for Cryptographic User Control
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Solution Overview
Problem
Centralized identity verification systems lack user control, leading to potential security risks and inefficiencies, as individuals and organizations are dependent on third-party authorities for identity management, which can result in data breaches and loss of sovereignty over their identities.
Innovation Solution
Implementing decentralized identity methods using cryptographic techniques, where users or organizations manage their own identities through decentralized identifiers (DIDs) and digital wallets, enabling secure and self-sovereign control over identity verification and credential management.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If centralized identity verification systems are used, then identity management is simplified and standardized, but user control over identity data is lost and security risks increase
Solution Approach 1:
Users manage their own identities through self-sovereign identity systems where they control their own credential data using digital wallets and cryptographic keys, eliminating dependency on centralized authorities while maintaining security and simplifying identity management operations
2Ease of operation
If centralized third-party authorities are used for identity verification, then trust establishment is simplified, but user sovereignty and control are reduced
Solution Approach 1:
Users autonomously establish trust through cryptographic verification of credentials stored in their own digital wallets, eliminating the need for centralized third-party authorities while maintaining user sovereignty and control over their identity data
Solution Approach 2:
The patent replaces the mechanical system of centralized authority-based trust with a cryptographic verification system using digital signatures and blockchain technology, enabling decentralized trust establishment that preserves user sovereignty
3Reliability
If decentralized identity management is implemented, then user control and security are enhanced, but system complexity increases
Solution Approach 1:
The patent introduces blockchain technology and smart contracts as intermediary layers that automate and standardize decentralized identity verification processes, reducing the operational complexity that would otherwise arise from direct peer-to-peer cryptographic verification between users and service providers
Data Source
AI summary
The present techniques relate to, inter alia, cryptographically-verifiable insurance credentials and cryptographically-verifiable property transfer. The novel methods and systems of decentralized identity discussed herein improve user experience (whether individual or organizational) by moving control over identity from the hands of centralized entities, back to where it belongs—i.e., to the hands of individual organizations and users. In one aspect, a method includes obtaining a scanned image; processing the scanned image; transmitting a claim request; and receiving and storing an attestation response, and a computing system includes a processor; and a memory having stored thereon computer-executable instructions that, when executed by the one or more processors, cause the computing system to: receive a claim request; cryptographically verify the claim; and transmit an attestation response.