The Sovrin Foundation, a non-profit organization building online identity management tools with blockchain-inspired technologies, announced today that it will be taken on for incubation by Hyperledger Indy, a project run by the the Linux Foundation.
The problem of identity has attracted a whole flock of developers in the blockchain and distributed ledger space who see these technologies as a way to scoop up all the scraps of an individual’s online identity, consolidate them and put them under the individual’s control.
Today, for the most part, we lack that control. We have surrendered ourselves to the likes of Facebook, Google, Twitter and Amazon, whose profiles on their customers are so extensive that they are now, themsleves, used as standard identity verifiers across most Internet domains. Want to leave a comment? Just sign in with Facebook. Trying to get into your Medium account? Just login with Twitter.
And if those companies suddenly disappear, so too does your online identity.