decentralized-id.github.io/_posts/organizations/2023-06-05-centre.md
2023-07-01 02:37:45 +05:30

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Organizations
Centre
2023-06-16 false

Centre - Verite

Centre

  • Centre Consortium - GitHub

    Founded by Coinbase and Circle in 2018, the mission is to provide the governance and standards for the future digital financial ecosystem.

    We began by launching US Dollar Coin (USDC), a fiat-backed stablecoin and now the second largest stablecoin on the market. The standards we laid out for USDC provide a layer of trust and transparency so that users can operate with security and confidence as we enter a new world of digital payments.

  • Welcome to Centre, Linda Jeng and Danielle Harold

    “I am thrilled to welcome executives of this caliber to our team,” said David Puth, CEO of Centre. “Both Linda and Danielle bring an abundance of experience that will guide our organization as we create standards for the burgeoning blockchain space.”

  • Ledger Joins Project Verite: a Decentralized Identity Coalition for Crypto Finance Ledger 2/22

    We strongly believe that open standards are a key enabler for the development and scaling of new digital identity services around the globe. In this context, we are glad to be part of the Verite Distributed ID standards.” Mung Ki Woo, VP Trust Services, Ledger

Docs

  • Verification Patterns, Part 1 Verite

    Since verification is off-chain (and generally fast/inexpensive, depending on the provider), and since this avoids on-chain storage of potentially correlatable data, this is often the preferred solution.

  • Introducing Verite Justin Hunter, Pinata, Centre

    But as the world shifts to an increasingly digital native format, and as people take more ownership over their identity, how can the issuance of, presentation of, and verification of credentials be managed?

Verite

Policy

  • Response to FinCEN RFI Centre

    In this letter, we focus on two questions relevant to identifying Bank Secrecy Act (“BSA”) regulations and  guidance that may be outdated, redundant, or do not promote a risk-based AML/CFT regulatory regime

  • Centres Response to Australian Treasury Centre

    In this letter, we focus on a couple of issues that would be beneficial in expanding the Australian regulatory frameworks to include crypto assets. Furthermore, our comments pertain specifically to fiat-backed stablecoins, which are backed on a 1:1 basis by reserve assets, such as bank deposits and short-term government bonds.

Development