Grafting Blockchains into Enterprise Businesses - The LEI and Digital Verifiable Credentials
Evaluation of credentials of persons acting in officially in a business capacity is a key element of trust in enterprise world. Ability to verify a digital identity of a company, organization or busin …
| Talk Title | Grafting Blockchains into Enterprise Businesses - The LEI and Digital Verifiable Credentials |
| Speakers | Karla McKenna (Head of Standards, Global Legal Entity Identifier Foundation (GLEIF)), Michal Piechocki (Chairman and CEO, Business Reporting - Advisory Group (BR-AG)) |
| Conference | Hyperledger Global Forum |
| Conf Tag | |
| Location | Phoenix, AZ, USA |
| Date | Mar 2- 6, 2020 |
| URL | Talk Page |
| Slides | Talk Slides |
| Video | |
Evaluation of credentials of persons acting in officially in a business capacity is a key element of trust in enterprise world. Ability to verify a digital identity of a company, organization or business, linked to a Digitally Verifiable Credential (DVC), provides a fundamental building block for the digital economy.The Legal Entity Identifier (LEI) can have relevance in the digital world by leveraging the strength of the LEI to provide unique and permanent global identification of organizations/businesses. Coupled with DVCs issued on SOVRIN Hyperledger Indy platform the LEI with DVCs ensure trust in digital world.This presentation demonstrates the results of the Digital Verifiable Credential Proof of Concept conducted by the Global Legal Entity Identifier Foundation (GLEIF), along with developer BR-AG,in cooperation with its network of regulators, LEI issuers and organizations/businesses developing trusted identification solutions secured by blockchain technologies.By leveraging the LEI within digital verifiable credentials, counterparties can more easily accomplish the tasks of identity verification, authentication, and authorization.
