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The Changing Face of Digital Identity

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Presentation on theme: "The Changing Face of Digital Identity"— Presentation transcript:

1 The Changing Face of Digital Identity
Dan Puterbaugh Legal Lead, Adobe Sign Adobe Systems

2 - Discuss identity as a fundamental issue in electronic transactions

3 Electronic Signatures
Any sound, symbol or process logically associated with a record, adopted by a person with the intent to sign. Electronic Signatures may include: Various types of identification/ authentication Evidence of Intent to Sign Audit trail Tamper-evident sealed document - Electronic signatures are one way that we have attempted to solve the problem - They are legal throughout the US, EU and nearly every industrialized nation - Still some confusion as to terms so let’s clear that up.

4 Digital Signatures = Electronic Signatures + Digital Certificate
An electronic signature that includes an encrypted certificate further authenticating the identity of the signer, the authenticity of the document, or both. Digital Signatures may include: A certificate authority issues a software code, or token, to signer for use as a signature If signer uses the certificate, the identity of signer is supported A secure, tamper-sealed document Electronic Signature - Even sophisticated digital (or advanced electronic) signatures have their limitations. - The fundamentals are still that it is a natural person that is tied to a particular mark. - While we have seen some interesting developments (the new EU electronic signature law includes the concept of signatures for legal persons – corporations, etc.; its worth asking what comes next. - And does it need to be tied to this historical concept of signatures. Digital Signature

5 - Because one of our barriers we face is that we are still replicating a type of identification rooted in another era. - John Hancock’s signature might look very different today, but it is fundamentally rooted in how we thought of signatures and identity thousands of years ago. - A king’s seal in wax possesses many of the same qualities that we value today in electronic signatures. (unique to the individual, under the individuals sole control, etc.) - But they are also subject to many of the same problems – e.g. what happens if the signing individual loses control? What evidence is there of that? So what’s next? There has been a lot of discussion around blockchain. But what is blockchain? /s/ john hancock

6 Bitcoin To understand Blockchain, you need to understand Bitcoin.
Bitcoin is a cryptographic currency Bitcoins are created in a process called "mining," which involves users attempting to figure out a complex mathematical solution related to the current number of Bitcoins. Bitcoin is a currency that is not tied to any national bank Bitcoin explainer

7 Blockchain Blockchain is a bitcoin transaction ledger which is shared among nodes of a distributed network Its utility is in being an immutable database stored securely and transparently yet not controlled by any single entity. The digital ledger of transactions is shared among a distributed network of computers Each copy of the ledger has the ability to correct every other copy of the ledger making it hard to hack since alteration of one ledger causes all unhacked ledgers to automatically identify and correct errors. The initial uses for blockchain are currency and payment verification. Blockchain explainer

8 Maximum Excitement/Maximum Confusion
Blockchain Today Maximum Excitement/Maximum Confusion Different Types: Public vs. Private vs. Moderated Whitepapers pointing toward need for single standard Hyperledger (one blockchain to rule them all) MSFT delivering Bletchley on Azure Some insist the time is now Just as many insist that practical applications are months away Blockchain explainer

9 Blockchain and Identity
A blockchain can contain any type of data Identities can be stored on a public blockchain. Would not be subject to a single breach failure. (No more credit card replacements) Not dependent on or tied to a single government entity. Autonomous, remote, secure authentication. The Editable ID Wallet The bartender doesn’t need to know your home address. The retail cashier doesn’t need to know your weight. The police don’t need to know you’re an organ donor. Current Technologies: Take electronic signatures are a form of digital identity that works within software applications to execute transactions such as agreements and workflows.

10 06d80eb0 c50b49a5 09b49f24 24e8c xb58a3 42b70s37 In part this is because we have essentially kept the identification methods that are rooted in another era. John Hancock’s signature might look very different today, but it is fundamentally rooted in how we thought of signatures and identity thousands of years ago. A king’s seal in wax possesses many of the same qualities that we value today in electronic signatures.

11 ? Current Technologies: Take electronic signatures are a form of digital identity that works within software applications to execute transactions such as agreements and workflows.


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