IAMX and W3C: Working Together So You Can Own Your Identity
With IAMX you treat the Internet like you are logged in.
IAMX is at the forefront of the Web3 revolution, bringing the world’s most secure and user-friendly self-sovereign identity (SSI) solution to the Internet.
Such a bold claim cannot be achieved, however, without the help and guidance of experts who are positioned to define, maintain, and lead the standards of the Internet. The World Wide Web Consortium (W3C) is the established organization and community with the charge to define and maintain web standards, future growth, and sustainability of the Internet. That’s why we at IAMX are working closely with W3C to ensure that our SSI processes and solutions are not only effective, but so that they serve the world in the most optimal, secure, and efficient manner. By partnering with W3C, IAMX will create not only the world’s best SSI solution but the one that will shape the future of identity management — and the Internet.
🔑Key Differentiators Web1, Web2, and Web3
The Internet evolves every day. Thousands of new websites are created daily with fresh approaches to how content can be delivered through a browser and how users can interact with that content — or with other users.
However, experts agree that the Internet has experienced two major phases of development since its invention in 1989, with a third being defined now.
These first two developmental stages are known as Web 1.0 and Web 2.0. The third wave of evolution that is upon us now is being labeled “Web3.”
All three phases are characterized by how users primarily interact with the Internet.
Web 1.0 is considered the “read-only” phase, or when users were restricted to viewing content in a one-directional manner. This is the age of NetScape and ebay
Web 2.0 is the movement when websites became interactive, enabling users to not only view content, but to create and share content with others through social media, blogs, and forums. This is the age of Facebook, YouTube, and Instagram.
Web3 is characterized by read & write & fulfillment. Web3 is Token Economy, Wallets, Identity & Authentication. Web3 is characterized by enabling users to read, write, and own content, assets, or a share of a community. For example, users can own tokens or NFTs that represent a share of a company’s loyalty program, or a voting right within a community. The blockchain is a core enabling technology within the Web3 movement, because of its unique ability to allow ownership of data, assets, and individual identity.
IAMX adds the layer of identity and authentication to the Internet. With IAMX you can treat the Internet like you are logged in. IAMX enables 1Click-Fulfillment, 1Click-Formfilling, and re-usable Know-Your-Customer Process via the IAMX Identity Wallet (iOS, Android, Browser Plugins).
👀What is the W3C?
The W3C was established in 1994 by Tim Berners-Lee — a professor of computer science at the Massachusetts Institute of Technology (MIT). Berners-Lee invented the World Wide Web in 1989, and then the foundational elements HTTP, HTML, the world’s first web server, browser, and world’s first website in 1990. Berners-Lee was named in Time Magazine’s list of the 100 Most Important People of the 20th Century and was knighted by Queen Elizabeth II in 2004 for his groundbreaking work and influence on the world.
Early on, Berners-Lee realized how the web would explode in usage and popularity and saw the need to create the World Wide Web Consortium (W3C) to ensure continued thought-leadership and continual improvement and development of standards. Today, the W3C remains the main international standards organization for the Internet and is made up of 459 members across the world. Members include businesses, nonprofit organizations, universities, governmental entities, and individuals.
The World Wide Web Consortium actively pioneered standards in both Web 1.0 and Web 2.0 and is now active in helping to define the direction of Web3 technologies and advancements. Our individual identities and how they facilitate our interactions and travels within the Internet are becoming more and more central to the direction of the Web3 evolution, which is why W3C is keenly interested in helping to shape how Self-Sovereign Identity (SSI) is developed.
The decentralized identifier did:iamx:anyledger is a registered DID method with W3C since March 2022; Link: https://w3c.github.io/did-spec-registries/
🤝What is the relationship between W3C and IAMX
Because the vision of IAMX is to improve upon the concepts and technologies of SSI by tokenizing the verification process, strengthening security practices, and enhancing the user experience, W3C is naturally interested in working with us in an advisory and partnering role. We are grateful for W3C’s partnership, as we know their expansive and broad understanding of the web will add to our experience and together ensure the strongest and best SSI solution possible.
Our founders have enjoyed a personal and professional connection to the leadership of W3C for years. This relationship continues as the W3C is now acting in an advisory and audit role to IAMX as we unfold our SSI technologies and processes.
✍Conclusion
At IAMX, our commitment is to not only create the world’s leading SSI solution or to help advance Web3 forward, but to help improve the world through the confidence and security of owning one’s own identity, with all that that means. Our partnership with W3C is essential to realizing that vision.
About IAMX
IAMX is a token-based self-sovereign identity (SSI) and authentication system, enabling 1Click-Fulfillment transactions that are legally binding on the state/national level.
Our vision is to empower everyone on Earth to realize their human right to have an identity and our mission is to protect the human right of every individual to hold, control, and own their personal identity.
The Problem We are Solving
In Developing Nations 1.4 billion people have no state-recognized identity. Additionally, half of all women in low-income nations do not have an identity. Further, 237 million children under five years old, have no birth certificate. Without a legally acknowledged identity, a person cannot own assets, maintain a bank account, or participate in online consumer transactions. Without an identity, a person has no access to e-commerce or financial services. In short, without an identity, a person cannot lift themselves out of poverty.
In Developed Nations the average consumer spends 400 days of their life completing forms online. Most of these forms are redundant, asking for the same information about our identities (such as the KYC process) over and over. This leads to a massive waste of time and loss of ownership and security as the individual consumer spreads their personally identifying information across thousands of websites or services during their lifetime.
Solution
Imagine if each individual consumer enjoyed full ownership of their identity and they could use that identity seamlessly and effortlessly across all websites, web services, and mobile apps that require account creation, logins, or authentication. IAMX provides this identity service free to all consumers through biometric identity and pre-authenticated verifiable credential set containers trusted by the verifier, owned and controlled by the holder.
IAMX is the first-ever SSI solution to financially incentivize and reward the consumer each time they use their identity online.
IAMX
Website │ Twitter │ Telegram │ Discord │ Linkedin │ Youtube │ Reddit
