Digital Identity Score Calculation from Verifiable Credentials
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Current digital identity systems face challenges such as password management, phishing risks, data quality concerns, high costs for fraud prevention, and centralized data vulnerabilities, which complicate authentication and increase security risks for both consumers and organizations.
Innovation Solution
A system that calculates a digital identity score from verifiable credentials stored in a consumer's digital wallet, using weights based on issuer credibility and correlation analysis, and issues a digital identity score verifiable credential, which can be used to streamline authentication and reduce fraud risks.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If centralized data verification services are used for fraud prevention, then data quality and reliability are improved, but cost and security risk increase
Solution Approach 1:
The system enables consumers to self-verify their own identity using verifiable credentials stored in their digital wallets. The consumer's device autonomously calculates the digital identity score by evaluating their own credentials without requiring external verification services, thereby eliminating the need for expensive centralized verification while maintaining data quality and reliability
Solution Approach 2:
The patent extracts the verification capability from centralized services and places it directly in the consumer's digital wallet. By taking out the verification function and embedding it in the consumer's own device through machine learning algorithms and credential evaluation, the system eliminates dependency on external verification services and reduces associated costs
2Reliability
If centralized data storage is used for identity verification, then data quality is improved, but security risk and protection cost increase
Solution Approach 1:
The system segments identity data into verifiable credentials that are distributed across multiple sources and stored in the consumer's digital wallet rather than centralized. Each credential is independently verified, and the digital identity score is calculated from multiple credential elements, eliminating the single point of failure and reducing security risk
Solution Approach 2:
The patent introduces verifiable credentials as intermediaries between the consumer's identity and verification systems. These credentials act as trusted mediators that convey identity information without requiring direct access to sensitive personal data, thereby reducing security risk while maintaining verification quality
3Reliability
If multiple authentication providers are used, then authentication reliability is improved, but system complexity and time consumption increase
Solution Approach 1:
The system merges multiple authentication providers and their credentials into a single digital identity score. By combining verifiable credentials from various sources (government IDs, educational credentials, professional certifications) into one unified score, the system maintains authentication reliability while reducing system complexity and eliminating the need to manage multiple separate authentication systems
Solution Approach 2:
The digital identity score serves as a universal credential that can be used across multiple platforms and authentication scenarios. This multi-functional score replaces the need for platform-specific authentication systems, reducing system complexity while maintaining broad authentication reliability through the inclusion of diverse credential sources
4Reliability
If comprehensive identity verification is performed, then authentication reliability is improved, but time consumption increases
Solution Approach 1:
The system performs preliminary verification by pre-calculating the digital identity score and storing it in the consumer's digital wallet along with verifiable credentials. When authentication is needed, the pre-computed score can be immediately presented without requiring real-time verification of all credential elements, thereby reducing time consumption while maintaining authentication reliability
Solution Approach 2:
The patent implements partial verification by allowing authentication based on the digital identity score alone without requiring verification of all individual credential elements. This partial action approach maintains sufficient authentication reliability through the aggregated score while significantly reducing time consumption compared to verifying every credential component
Data Source
AI summary
Methods, computer-readable media, software, and apparatuses may calculate a digital identity score from verifiable credentials from a consumer's digital wallet. The systems and methods may score the consumer's identity based on the type and issuer of the digital credentials or verifiable credentials the consumers holds in the consumer's digital wallet. The systems and methods may issue consumers a digital identity score verifiable credential. The consumers may prove their digital identity score to various digital partners to gain preferential treatment, save time, and save money.