The #1 objective of this foundation is to protect and put you in control of your ID on the Blockchain. At it's heart, the foundation exists to decentralize your Identification to protect YOUR interests.
The foundation will form a trust platform where publishers and subscribers gather together to transfer ID over the Blockchain securely and with full trust of both parties.
We believe that crypto technology is a new parallel Internet being formed today. And we want to be the reason and the first step that people take towards a crypto-future.
Say hello to the SSL certificate of the Decentralized world! The DID foundation will re-imagine and re-engineer subscribers' trust in authenticity over a decentralized network. Before you provide your ID or data to an organization, you can now check over a decentralized network if the requested transaction comes from a verified source.
Learn more about BOCA draft proposal in our Whitepaper.
The DID system and the DID Foundation are geared towards protecting your ID and putting you in control of your ID. This is how DID protects your ID:
Your ID is stored on a private cloud
Your ID is stored on your own device
Your ID is in control of an organization
Your ID is in your control which you transfer as you require
Your ID is being abused and tracked
The DID Foundation ensures that any usage of your data is approved by you
There is no proof of ID transfer
Proof of transaction available on a distributed ledger
SSL is breakable and monopolized
BOCA certificates ensure security and legitimacy of the request
No way to issue IDs securely
Complete Blockchain backed ID issuance scheme
The DID token provides a means for the foundation and the software to operate. The token is either used as in-app credits or as Voting rights to the system. We are committed to increasing the worth of these tokens whether it's by increasing the number of transactions that a token can make or providing in-depth information to holders of our tokens. We intend to make sure that the DID token holders see a positive outcome of their token holding.
One of our main objectives is to provide ID verification to the masses. These tokens, when the system is fully operational, will provide a greater value to holders than its current worth at the moment. Learn more about our tokens in the Whitepaper.
We have seen the future and it's in Decentralized networks. DID is a schema, foundation, API, workflow and a set of procedures. We are Blockchain agnostic and want to be deployed on any and every Blockchain to see what will serve users the best.
While we are currently based on the Ethereum network and are finding it the most mature and versatile public network. This said, we are open to a new, stateless Blockchain in the future. Read more about this in our Technical Timeline.
The DID foundation wants to get publishers and subscribers on a single platform to streamline ID/login/cookie requirements in the decentralized world. This means coming to consensus on issues concerning how ID is used, whether publishers would accept anonymity if confirmed by the DID foundation, ID traversal to other parties etc.
The current state of ID protection and sharing is abysmal. This will change with the Decentralized revolution and we want to be the voice of reason and an arbitrator between publishers and subscribers. We are also in talks with a few Government agencies in the UK to see how trust in official IDs can be decentralized and be 100% tamper-proof.
We are passionate about a Decentralized future. If you are too, Join the DID Foundation.
While we are currently based on the Ethereum network for the sake of maturity and versatility of the platform, we are finding the Ethereum network unfit for ID transfer needs because of overheads.
We have devised a way using smart contracts on a blockchain to show how an ID transfer system can be developed. This is a proof-of-concept workflow and requires further development as well as investigation into newer technologies. The demo software available from this website is provided without any warranty and users are requested to be very careful with their ID transfers till we start issuing BOCA certificates in Q2 2018.
A two-way trust mechanism based on a decentralized network.
Use Cases: Website logins, ID verification in person, Entry, Account holding, HR, Border Control, As a Debit Card
Technical Discussion: Please find in Technical Whitepaper
A prototype of ID issuance by an authority to show membership.
Use Cases: Govt issues ID cards, Passports, Visas, Driving Licenses, Bank accounts, Loyalty Cards, Memberships, Medical records.
Technical Discussion: Please find in Whitepaper
ID verification in person.
Use Cases: In-person verification of parties, business vcards, HR, Personal loans.
Technical Discussion: -Study available in Q1 2018-
To launch the beta version of the DID app complete with a DID Login app and transfer facilities. Also, to finalize the app security and to develope further ways to store ID on a user's own device. To secure the Ethereum nodes in DID network.
To develop and deliver a working schema of P2P ID verification. Study to be carried out in collaboration with a Govt ID issuing authority. We will also focus on other decentralized networks in the market to research the best network for ID verification and issuance.
While currently based on the Ethereum network, we are actively looking for a stateless Blockchain technology. We will review the available networks and come up with a proposal.
As of Q3, 2017, we have given a proper definition to BOCA as a replacement of SSL over the blockchain. We will review and implement a BOCA-2 certificate encompassing industry and peer reviews. We will also issue the first batch of commercial BOCA certificate to organizattions.
We will finalize the technology and offer a release candidate of the software produced. In addition, developer APIs will be finalized and an Eco system running on a decentralized netowrk for ID verification and issuance will be completed.
In January 2018, DID will seperate from Torquesol UK Ltd and will form a foundation. The agenda of the foundation will be to protect people's IDs over a decentralized network.
The foundation will work with (a) Govt ID issuing authorities (b) Blockchain owners (c) Industry leaders to forge partnerships to take the DID manifesto forward. This includes studies, experiments, funding rounds and collaborations.
The first batch of BOCA certificates will be sold to organizations. The operational team will work closely with corporates, Govt bodies to carefully select and decide on the first batch of BOCA certificates. These certificates will be based on BOCA-2 standard.
By Q4, 2018, DID will earn out of (a) issuance of BOCA certificates (b) charging a percentage on DID transactions to stand on its own feet and to become a profitable, noble-caused organization.
As per DID's agenda, we will take our schema to the masses. We are Crypto-positive and will get DID's app and schema into people's hands. This includes, but is not limited to, issuing a Govt ID on the DID schema.
CEO & CTO
A seasoned, serial entrepreneur with multiple IT and media holdings and partnerships in the UK, UAE and Pakistan. With over 12 years of an experience working with and starting startups, Mr. Naveed is in the perfect position to lead the DID revolution. Coming from a Digital agency background, he is very concerned about how people’s IDs are being used and abused. He is an avid advocate of privacy online.
PROJECT MANAGER & FINTECH MARKETS EXPERT
Senior leader and FinTech enthusiast passionate about emerging and decentralized technologies and crypto-economics. Experienced in developing and enhancing strategic business relationships between technology, sales and products teams. Always looking to further enhance and optimise the capability of businesses through technology. Experienced board member, director and strategist. Member of ICAEW and the Institute of Directors.
Audrey Friel is a thorough professional working in the IT field for over 25 years with a background in management and sales of communication systems. She has been with Torquesol UK Ltd for over 3 years now and is always the first voice of reason when an idea is being discussed. She also handles all activities surrounding business sales and management.
FINANCIAL CONSULTANT & FOUNDATION ADVISOR
40+ years of accountancy and company law experience in the UK, Mr. Afzal is a member of ICAEW and is a well-respected name in the field. He has been with the organization right from the start and guides the organization around Financial planning and legalities. He has his claws sharpened for the FinTech world!
BLOCKCHAIN TECHNOLOGY ENABLER
Msc. FBCS, has some 20 years IT industry experience under her belt. She is passionate and excited about crypto currency and is a keen block chain technology enabler for her geographic focus. Her prior experience has been solutions architecture with exposure and focus in the financial industry having done projects with institutions like the Royal Bank of Scotland, Barclays Bank, The 4 Central European Banks and The Bank of Tokyo.
An artist, a businesswoman and crypto-fan – all in one. Kaitlin has been managing corporate accounts in London for over 6 years. She is friendly, articulate and knows how to close a deal. She believes that good relationships are key to success. She also owns a theatre company and participates in community events.
Ms. Blossom looks after the development and agency teams to deliver the final product. She has been with the company since its inception and has her own office now! She has a decade long experience in IT outsource environments and is at home there.
COMMUNICATIONS MANAGER & PRIVACY THOUGHT LEADER
30+ years in the marketing and digital communications field, Mr. Emerson is a well-respected name in the field and is joining the DID foundation efforts out of pure devotion to privacy. He is a regular speaker at industry events and is followed by peers and experts alike.
David Drake is the Chairman of LDJ Capital, a family office based in NYC; Victoria Partners, LDJ Real Estate Group; Drake Hospitality Group; and, The Soho Loft Media Group. LDJ Capital’s extended network of funds-of-funds and hedge funds manages 1.5 trillion USD in assets. The Soho Loft Media Group has produced and sponsored over 1500+ global finance conferences since 2002. David Drake is actively involved in the crypto community as an advisor and speaker and he has helped blockchain firms he has advised raise $101M in funding through their respective ICOs.
As Entrepreneurship Expert at Oxford Business School, Kevin helps to build the vision of The Entrepreneurship Center. Prior to his current role in Microsoft Accelerator London, Kevin was Head of Business Development and Partnerships for Ztudium a big data business intelligence provider for business finance and markets where he built a fierce reputation with Private Equity/Emerging Hedge Fund Manager and Global Alternative Investment Manager/GAIM and CAIA.
ARC has 70 Angel members and has invested in 12 companies so far in the early-stage tech, mobile, healthcare IT and web enabled services sectors. Joe is also the Director and Co-Founder of FundingPost.com. FundingPost has been introducing entrepreneurs to investors nationwide for over 11 years through its Online Venture Exchange, Dealflow Magazine and its Venture Capital and Angel Investor Conferences in 22 cities nationwide. Joe has also invested in 11 seed deals over the past 7 years, including Sticky, Inc. (acquired by DeviceVM), Senscient, Revstor, Fly- cast, Giftworks, Virtus Sensors, and CIMA Systems.
He is a Co-Founder of the Tesla Foundation, and currently its CEO. Keith leads the Tesla Foundation in accomplishing its mission to create, promote, and protect Innovation as well as the steps needed to commercialize these breakthroughs via the power of research and education. The Tesla Foundation’s Initiatives are focused on connectivity, autonomy, big data, cyber security, education, commercialization, and educational events. Keith Kaplan has traveled the world talking about the integration of cyber autonomy into our everyday lives. He has been in meetings at the White House and speaks at major conferences and symposia globally. He is a consultant and member of the team that creates emerging technology.
Bill created a Strategic Plan for “Banking” at American Express which contributed modestly to a quick emergence from the credit crisis with $3b in earnings while competitors took loses during the period. Bill is a tenacious leader with extensive experience in Core Business Systems & Processes, Data Warehouse/Business Intelligence practices, Performance Management increases, Customer and Product Profitability growth. He is a leader in legacy business practices as well as a pioneer in the emerging mobile practice. He created a sustainable practice for Mobile Payments in 50+ countries.