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The European Union's GDPR enlarged the global conversation around digital privacy practices, lending much weight to the SSI credo.
The United Nations Sustainable Development Goals (SDGs) have also fueled efforts towards a global and widely accessible identity solution.
-The Blockchain industry exploded around Bitcoin, proving the the concept of digital scarcity, in the form of a decentralized peer-to-peer (P2P) currency.
+The Blockchain industry exploded around Bitcoin, proving the concept of digital scarcity, in the form of a decentralized peer-to-peer (P2P) currency.
- Efforts to commercialize its success and digest its technological breakthroughs, into something accessible to the global marketplace, have been seemingly limitless.
- The state of global securities regulations, along with the open-source, decentralized, nature of blockchain, have mainly limited the marketability of those efforts.
The movement to decentralize the web and encourage proliferation of P2P technology also lends strength to efforts towards Decentralized Identity.
-Over the past year, the movement for Self Sovereign Identity has shown itself to be the most likely chance of succeeding in the effort to build out solutions that satisfy the urge towards innovation, a find a way to use the world-changing technology.
+Over the past year, the movement for Self Sovereign Identity has shown itself to be the most likely chance of succeeding in the effort to build out solutions that satisfy the urge towards innovation, and find a way to use the world-changing technology.
- Collectively arrived at solutions are trending towards congruence with the spirit of innovation, privacy concerns, and compliance within the global regualtory landscape.
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