The Trust Over IP project, an initiative run by the Linux Foundation, has been announced on May 5, and sees IBM, Mastercard, Accenture, the Canadian Province of British Columbia and others join a government-backed digital identity project. The effort has been described by those involved as establishing a standard of trust, as fundamental as the transport layers of the internet itself.
With a mission to define “ a complete architecture for Internet-scale digital trust that combines both cryptographic trust at the machine layer and human trust at the business, legal, and social layers”, the initiative allows users to authenticate themselves without passwords, businesses to form streamlined digital connections with stakeholders, and verify the authenticity of physical and digital goods using the blockchain.
Drummond Reed, Chief Trust Officer of Evernym, also tweeted about the project, which Evernym describes as an important development in the advancement of trust on the internet.
Trust Over IP has four main working groups: the governance stack, the technical stack, the utility foundry and the ecosystem foundry. Members will use their respective expertise to flesh out the capabilities in these four areas.
Jim Zemlin, Executive Director at the Linux Foundation, described the effort as filling in a trust layer that was absent in the internet’s original design,
The ToIP Foundation has the promise to provide the digital trust layer that was missing in the original design of the Internet and to trigger a new era of human possibility. The combination of open standards and protocols, pan-industry collaboration and our neutral governance structure will support this new category of digital identity and verifiable data exchange.
Digital identity management has seen extreme interest from incumbent businesses, including Microsoft, which has launched its own decentralized identity solution. Mastercard is also working with Microsoft on this.