Founder @VaultieIO Identity, Verifiable Credentials, and SSI expert Sometimes I tweet about economics, whisky, or sports. Bearded wizard
Toronto
Joined March 2009
- Tweets202
- Following576
- Followers227
- Likes470
Meyer Mechanic retweeted
BREAKING: Trump has announced the US will substantially scale back military exercises with South Korea, citing his “very good relationship” with North Korean leader Kim Jong Un.
A thriving Central bank-backed digital currency needs a thriving digital identity ecosystem to be developed in tandem to facilitate trust in transactions.
Great step forward by the BoC
Have your say on Canada's CBDC here bit.ly/3p4bsjk
Meyer Mechanic retweeted
Number of digital wallets people want
Ʌ
Number of digital wallets people have
One of the clearest explanations I've read on Verifiable credentials and how they can be used to trust information.
#Verifiable #credentials will become a blood supply for the new digital economy.
But there's a twist - and it's a game changer
Here's why:
A🧵
This would be an absolute gamechanger in #fintech and #web3 markets by standardizing the way we link DIDs to digital assets, we could really eliminate allot of fraud. @VaultieIO should get involved
NEW #DID SPECIFICATION: DID:PKH
Did:pkh is similar in many ways to did:key, except that did:pkh is optimized for #identifiers derived from hashes of public keys according to well-known algorithms.
github.com/w3c-ccg/did-pkh/b…
Meyer Mechanic retweeted
"pre-Stripe, every growing internet co had a pmts team. Today, every growing internet co has an Identity team. Identity is core economic infra for online businesses."
- Stripe JD*
Fintech exploded in 2010s to modernize money
IDtech is emerging now to modernize ID
Both a relief and a setback
After 150 demos and interviews. Lawyers were confused about the new rules and how to implement them. More time was needed
... the setback means that money laundering will continue to be a Billion dollar demon for another year
@VaultieIO
The LSO will continue the temporary pandemic measure of allowing virtual verification without authentication until January 1, 2024. Read the full notice: lso.ca/news-events/news/late…
This is an excellent move by the @LawSocietyLSO!
Puts them in line with banking and insurance industries in terms of #fraudprevention and #kyc requirements.
This is going to stop a lot of fraud.
Breaking News: @LawSocietyLSO will now be requiring authentication of IDs for virtual clients as of January 1, 2023. Is your practice ready?
Learn more about the change here: vaultie.io/blog/whats-happen…
The @BoredApeYC hack serves as evidence that #NFT transactions should be backed by #verifiablecredentials linked to the person purchasing the asset. Would have saved millions in stolen assets
Meyer Mechanic retweeted
Begging people to understand that given:
1) "We will not hand over data we collect"
2) "We cannot hand over data because we automatically delete it"
3) "We cannot hand over data because we never had it in the first place"
Only (3) is actually secure against a state.
Meyer Mechanic retweeted
No, gas prices are not at an all-time high.
(A reminder: If you're making comparisons over time about economic burdens, you need to adjust for inflation.)
Proud of @jtrotman for getting published in @lawyersdailyca regarding recent changes to @LawSocietyLSO ID verification rules.
A nice win for #digitalidentity in #legaltech
Julianne Trotman @VaultieIO -- LSO client ID and verification requirements: What’s changed? thelawyersdaily.ca/articles/… "It’s important that an industry brimming with small firms and sole practitioners has access to the same standard of technology as the largest firms..."
The @LawSocietyLSO changes on ID verification are a solid step in the right direction toward making some of the worlds best anti-fraud tools available to lawyers.
The LSO has updated its requirements for client identification & verification. As of Jan 1st, 2022 lawyers now have two additional methods by which they can carry out verification of their clients’ identities.
#idverification #lso #vaultie
on.vaultie.io/3GeDxrU
Vaccine passports are pretty neat tech, they combine the best of #blockchain and #digitalidentity.
I broke down how the old one worked, how the new one will work, and how this is a perfect on why @vaultie creates a safer digital signature (it's the same tech as the passports)
The Ontario government is expected to announce, sometime this week, that a vaccine passport system will be introduced into the province.
How do vaccine passports actually work? What's the technology behind them and is it secure?
on.vaultie.io/3mM9HnO
Meyer Mechanic retweeted
#identityfraud is on the rise. The number and variety of fraud schemes in the marketplace are almost immeasurable. Your best protection is knowledge and vigilance.
View our list of the top 7 identity fraud schemes, based on frequency and severity.
on.vaultie.io/3yGYlol
Want to know why digital notarization is fascinating to me?
It's because the 3000-year-old social tool that we built to solve trust problems, has a big trust problem when going digital.
I wrote about how we solve that standoff using #digitalidentity and #blockchain
Online notarization has become a necessity overtime as we found ways to adapt and conduct business virtually. As a person receiving a notarized document, how can you trust in its legitimacy?
#notary #innovation
on.vaultie.io/2WyqwHP
Meyer Mechanic retweeted
Online notarization has become a necessity overtime as we found ways to adapt and conduct business virtually. As a person receiving a notarized document, how can you trust in its legitimacy?
#notary #innovation
on.vaultie.io/2WyqwHP
I'll call the Rogers Centre "SkyDome" until the day I die. However, I'm actually excited to change our address to whatever we rename this street.
The city has decided to rename the street that our offices are on as a result of it’s namesakes affiliation to suppressing others. We support the city in this, and look forward to sharing our new address in 2022!
on.vaultie.io/3id0DV8
Meyer Mechanic retweeted
As the world returns to a “new normal”, #digitalidentity will aid in helping people of all walks of life access social and economic services more seamlessly.
on.vaultie.io/2SNkqlt