EPISODE 25 — Learnings from the Georgetown Law identity roundtable
Earlier this month, Linda Jeng, founder and CEO of Digital Self Labs, hosted a superb roundtable on digital identity at the Institute of International Economic Law of Georgetown University Law Center, sponsored by the Hard Yaka Foundation.
We caught up with GlobaliD co-founder and CEO Mitja Simcic for a quick recap on the event and what he learned on the latest episode of FUTURE PROOF.
Here’s Linda:
Congressman Bill Foster — THE thought leader on digital identity on the Hill — kicked off the day with the keynote speech on the importance of getting digital identity and privacy right for the digital future. We then had public sector session to hear how different countries are approaching digital identity. The EU adopted a wallet/credential approach with its eIDAS legislation. Brazil onboarded 80% of its adult population onto real-time payments PIX. In the US, the Financial Crimes Enforcement Network, US Treasury has launched its Identity Project, and the National Institute of Standards and Technology (NIST) on its work with state DMVs to issue mobile drivers licenses mDL.
Then we had a private sector session with the Better Identity Coalition, Universal Ledger, etonec GmbH, Prove, GlobaliD, Mastercard and IDEMIA North America. We discussed the different paradigms from federated identity to credential-managed identity and the challenges of building identity ecosystems. Followed by a fascinating discussion about the various technical standards groups from ISO, OpenID, DIF to LEI. For the research session, we heard from researchers at the Bank for International Settlements — BIS, International Monetary Fund, ITAM, Georgia Institute of Technology, American University, The Aspen Institute, FinRegLab and McKinsey Global Institute on key research trends from macro to privacy effects.
