Identity, the Internet of Things and the Blockchain

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www.chyp.com Please Copy and Distribute 1 The Next Identity Challenge or Identity, the Internet of Things and the Blockchain @dgwbirch Finance IT Day Copenhagen September 2016

Transcript of Identity, the Internet of Things and the Blockchain

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The Next Identity Challenge

orIdentity, the Internet of Things and

the Blockchain

@dgwbirch

Finance IT DayCopenhagen

September 2016

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David G.W. BirchDirector of Innovation at Consult Hyperion

An internationally-recognised thought leader in digital identity and digital money;

Named one of the global top 15 favourite sources of business information (Wired magazine);

In the London FinTech top 3 most influential powerlist (City A.M.)

@dgwbirch found to be one of the top ten Twitter accounts followed by innovators, along with Bill Gatesand Richard Branson (PR Daily);

One of the top ten most influential voices in banking (Financial Brand);

Named one of the "Fintech Titans" (NextBank);

Voted one of the European “Top 40” people in digital financial services (Financial News);

Ranked Europe’s most influential commentator on emerging payments (Total Payments magazine).2

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Consult Hyperion…

3 03/05/2023

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Connection is Easy

Telegraph, telephone, radio, satellite, fibre optic, wifi, Bluetooth, RFID, NFC etc etc

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But… Disconnection is Hard

Doors are simple, locks are complicated.

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Internet of Everyone Else’s Things

Vivienne Westwood woven RFID labels

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Case Study: Talking Pants

If your pants could talk, what would they say about you?

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Pants and Provenance

Low-power devices with no cryptography

No tamper-resistant memory for keys

Intermittent connections

In the attackers domain

Without upgrades or patches

Security comes from provenance, not product

So how can we connect our underwear to the internet safely?

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Oh No! Lawyer Spoilsports!

North Carolina Journal of Law & Technology 17(4), p581-598 (May 2016).

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Underwear is only the beginning…

Daily Mail (14th September 2016).

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A Model

Yes We Can!

(connect our underwear to the internet)

The Consult Hyperion Models

3DID and “4x4”

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Identity Model

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My Pants

My Virtual Pants

Persona

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What’s a Shared Ledger

Basic idea: ID as a shared ledger application13

Smart Pants

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Shared Ledger Taxonomy

Different kinds of shared ledgers for different purposes14

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Round Table Suggestion #NMNY16

Let’s put personas on some kind of shared ledger (well, they said the blockchain)15

Persona

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The Private Life of Things

The private life of things as a shared ledger implemented using a blockchain16

Smart Pants

Pants

Internetof Pants

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Contact

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Browse www.chyp.comFollow @chyppingsMail [email protected] http://www.chyp.com/media/blog/Listen http://www.chyp.com/media/podcasts/

Consult Hyperion UKTweed House, 12 The MountGuildford, Surrey GU24HN, UK.+44 1483 301793

Consult Hyperion USA535 Madison Avenue, 19th FloorNew York, NY 10022, USA.+1 888 835 6124