decentralized-id.github.io/_posts/identosphere-dump/web3-and-decentralized-identity/defi.md

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2022-10-28 02:36:46 -04:00
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# Decentralized Finance
* [Decentralized identifiers for DeFi? Definitively.](https://hackernoon.com/decentralized-identifiers-for-defi-definitively-25j33qa) Hackernoon
2022-12-03 02:23:23 -05:00
> DIDs from a DeFi user VCs can be placed, anchored, indexed, and associated on the LTO chain. LTO Network solution is GDPR compliant and goes hand in hand with [ISO/TC307 - BLOCKCHAIN AND DISTRIBUTED LEDGER TECHNOLOGIES](https://www.iso.org/committee/6266604.html) . LTO Network approach uses Chainlink oracles for reaching the cross-chain operability and the Dutch company Sphereon for wallet integration.
2022-10-28 02:36:46 -04:00
* [Decentralized Finance & Self-sovereign Identity: A tale of decentralization, a new paradigm of trust](https://gataca.io/insights/decentralized-finance-self-sovereign-identity-a-tale-of-decentralization-a-new-paradigm-of-trust)
> We are aware that DeFis growth is explosive and inevitable yet its growth needs to be sustainable and responsible. This can be done with SSI.
* [KeyFi: AI-Powered DeFi Aggregator](https://selfkey.org/keyfi-ai-powered-defi-aggregator-platform-backed-by-selfkey-credentials-%F0%9F%93%A2/))
* [Torus](https://tor.us/): DKMS and Login for Web3
> leveraging OAuth2 and WebAuthN to bring improved log-in and recovery for blockchain\DeFi applications.
* [Torus on Epicenter Podcast](https://epicenter.tv/episodes/b003)
* [Ditto Music developing Opulous on Algorand](https://community.algorand.org/blog/opulous-built-on-algorand-bringing-defi-to-the-music-industry/)
*More on the company who wants to bring SSI (and DeFi) to independent artists.*
> weve helped more than 250,000 artists get their music out to the world independently.
>
> Our business has expanded from distribution to providing record label, publishing and management services. Every move weve made has been based on our mission to help artists take control of their own music careers.
> Thats why Im so excited about our latest product Opulous, which were developing with Algorand. Its our first step into the world of DeFi.
* [Bridging the Gap Between DeFi and Decentralized Identity](https://bloom.co/blog/ethdenver-2021-decentralized-identity-defi-2/) Bloom
Decentralized Identity & DeFi are Disconnected ← trueDecentralized Identity is Chain-Adjacent  ← true Decentralized Identity & DeFi are Complimentary ← true How Decentralized Identity is Being Used
- Health Data Passes
- Employment Information
- Credit, Income, KYC
2022-12-04 02:46:02 -05:00
* [Decentralized Finance & Self-sovereign Identity: A tale of decentralization, a new paradigm of trust](https://gataca.io/insights/decentralized-finance-self-sovereign-identity-a-tale-of-decentralization-a-new-paradigm-of-trust)
* [Circle and Industry Leaders Have Built the First Decentralized Identity Proof-of-Concept for Crypto Finance using Verite Credentials](https://www.circle.com/en/pressroom/circle-and-industry-leaders-have-built-the-first-decentralized-identity-proof-of-concept-for-crypto-finance-using-verite-credentials) Circle
> Circle joined other crypto and blockchain companies in February 2022 to introduce Verite as a open-source framework for decentralized identity credential issuance, custody and verification. Verite is designed to help make it safer, easier and more efficient to do business across the transformative worlds of DeFi and Web3 commerce.
* [Roadmap to Institutional Adoption of DeFi](https://www.youtube.com/watch?v%3DbkOQHcVVGoE) RSK - Coinfirm
> The most recent FATF updated draft guidance from March 2021 introduces significant changes to the legal definition of DeFi platforms, expanding the types of entities that fall under FATF's umbrella. In this guidance, FATF defines most operators of decentralized finance platforms as “Virtual Asset Service Providers” that have AML/CFT obligations.
* [DeFi regulation must not kill the values behind decentralization](https://cointelegraph.com/news/defi-regulation-must-not-kill-the-values-behind-decentralization) Cointelegraph
> Financial Action Task Force (FATF) recently [proposed](https://www.fatf-gafi.org/publications/fatfrecommendations/documents/public-consultation-guidance-vasp.html) guidelines making it clear that “The owner/operator(s) of the DApp likely fall under the definition of a VASP [virtual asset service provider] [...] even if other parties play a role in the service or portions of the process are automated.
* [InsideTheSimulation.eth @InsideTheSim Jul 28](https://twitter.com/InsideTheSim/status/1552636154423410689)
Proposal: its not Web3 — its DeWeb (a la DeFi) as we undo all the mistakes around centralized ownership of the web 2 era. Opinions?
* [[…](https://twitter.com/InsideTheSim/status/1552636357373214722)] Bonus points — “de-web” sounds like “untangling a clusterfuck” which is exactly what it is.
* [[...](https://twitter.com/InsideTheSim/status/1552637214391156739)] DeWeb is: - Self-sovereign identity with portable accounts and easy sign-on (such as sign-in with Ethereum). - Custody of your own data and the ability to revoke access to it by 3rd parties. - Permission-less commerce rails. - Permission-less domains (ENS) - more?