
By DID:STELLAR
DID:STELLAR implements self-sovereign identity layer in Soroban for the Stellar Network based on the W3C DID Core Specification.
DID:STELLAR project will create a Stellar native self-sovereign decentralized and interoperable identity capability based on the W3C DID Core specification (https://www.w3.org/TR/did-core/). Decentralized identity enables a trustless, portable, self-sovereign identity that removes reliance on centralized entities for authentication, authorization, user data and KYC/KYB.
Decentralized identity has a multitude of potential use cases, including Universal logins, KYC/KYB, Voting, Proof of human (sybil protection), Lack of ID problems exploited by human trafficking and forced labour, Product provenance. DID is not a new concept, and virtually all leading blockchain platforms have implementations of the DID standard. An interoperable and portable decentralized identity implementation is one of the public goods that support effective decentralization in a privacy-preserving way while enabling interaction with advanced use cases that require some user authentication. DIDs have seen adoption across end-user identity, organization identity and supply chain identity use cases. DID is an open and interoperable standard that is garnering adoption from both the public decentralized platforms as well as centralized entities (major financial institutions, multi-national oil and gas operators, U.S. government). The DID:STELLAR project will implement the DID spec in general, similar to the way DID:ETHR project implements DID on the Ethereum Blockchain. More specifically, as part of this grant we will implement the following DID infrastructure: A DID:STELLAR Method, DID method resolver, Management of the DID Document using the smart contract including Delegation, decoupling claims data from the underlying stellar address and support for existing stellar multisig capabilities, Integration with the Universal DID Resolver.
$117.1K

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