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SSI and the Triangle of Trust

In our daily lives, trust emerges from familiarity and understanding. It's rooted in what we perceive as truth and what we can comprehend and measure. Yet, how can an entity—be it a person, an organization, a country, or even a device—extend trust if it lacks that personal acquaintance? In the tangible world, this kind of trust often takes shape through a triangular dynamic involving issuers, holders, and verifiers, orchestrating interactions and relationships.

Consider when you travel to another country and go through immigration, you encounter a practical scenario that involves the dynamics of trust. Let's break it down:

  • Issuers: "issuers" are the government authorities of the country you are visiting. They issue official travel documents, such as visas or entry stamps, that indicate your eligibility and purpose for entering the country. These documents serve as credentials that attest to your identity, intentions, and background. The government is the source of these credentials, and they establish the initial level of trust by vouching for your legitimacy to enter the country.

  • Holders: you, as the traveler, become the "holder" of these credentials. You possess the travel documents issued by the foreign government. These documents represent your claim of being a legitimate traveler, and they provide evidence of your identity and the purpose of your visit. As a holder, you present these credentials to the authorities at immigration checkpoints, establishing trust that you are who you claim to be and that your intentions align with the terms of your entry.

  • Verifiers: immigration officers and border control personnel act as the "verifiers" in this scenario. They are responsible for inspecting the credentials you present. Through verification processes, they assess the validity of your documents, cross-reference them with their records, and evaluate your compliance with entry requirements. The verifiers play a crucial role in determining whether the trust established by the issuers (foreign government) is justified and whether you should be granted entry to the country.

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In the realm of SSI

Transitioning to the digital realm introduces complexities to the trust triangle, impacting both individuals and organizations. Before you finalize plans like renting a holiday home, obtaining credit for a new car, or booking your dream vacation, you often need to provide official documents. This process of establishing trust extends even before you agree to the service, as you're relying on the service provider to safeguard and keep your information private.

This dynamic poses challenges for the company receiving your information. They must allocate resources to verify and securely manage the documentation in line with local regulations. If the required documentation isn't readily accessible, this can lead to time-consuming delays.

Self-Sovereign Identity (SSI) steps in to streamline and address these challenges in a timely and cost-efficient manner:

  • Identity Assurance: offering a secure digital identity solution, SSI ensures that your identity is reliably established without the need for physical documentation,reducing the risk of errors, forgeries, and stolen documents.

  • Privacy and Security: you retain control over your personal data, sharing only the specific information needed for verification, enhancing privacy, which eliminates the need for companies to store and protect sensitive documents.

  • Efficiency and Cost-Effectiveness: enabling instant and remote verification of your identity, it makes the process more efficient for both individuals and organizations. Companies can save resources that would otherwise be spent on manual verification and secure document storage.

  • Compliance and Accessibility: adhering to data protection regulations, it ensures that your information is handled in compliance with relevant laws. Moreover, the digital nature of SSI ensures quick access to required documents, reducing delays.

SSI simplifies and accelerates the trust establishment process in the digital world. It minimizes privacy concerns, reduces costs, and ensures compliance, making interactions between individuals and organizations more efficient and secure.

SSI and the Triangle of Trust

Now that we explored the importance of trust in both our daily lives and digital interactions, dive into how Truvity Platform enables this through the implementation of SSI core components, such as Decentralized Identifiers (DIDs), Verifiable Credentials (VCs), and how our API and SDKs make it all actionable for your business. Whether you’re a developer looking to integrate our services or a business leader interested in leveraging trust, Building Your Application section will guide you through the technical landscape of Truvity.