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We ask builders in the blockchain and cryptocurrency sector for their thoughts on the industry…and throw in some random ginger to keep them on their toes!
this week our 6 question is Kim Hamilton Duffy, Director of Identity and Standards for the Center Consortium, is an open source technology project designed to build a more inclusive global economy.
Kim is a leader in the emerging decentralized identity space and has designed successful open source projects such as Verite, Blockcerts, and the Digital Credential Consortium toolkit.
Rather than assessing this through the narrow lens of whether or not certain cryptocurrency transactions are taxable, countries can benefit from blockchain innovation, and more broadly decentralized architectures, to individuals and businesses. Think about whether you are supporting in a collaborative, responsible and sustainable way.
A recurring theme: regulatory clarity is key for individuals and businesses to build and innovate with confidence. However, this should be based on a nuanced and balanced approach that engages various stakeholders (technical, regulators, privacy experts) and should be future-proof enough to accommodate new technologies. must be guaranteed. Examples of antipatterns, i.e. uneven, overly restrictive, or passive approaches, include prohibiting certain implementations or types of mining.
They are divided into interoperability, usability, and reliability.
Fortunately, beyond the debate of which blockchain wins, we understand that different blockchain characteristics may be best suited for different use cases. Emphasizes the importance of operability. Open standards and protocols are key to that.
The other is the need to improve usability and reliability, interwoven with them. Despite the transparency enabled by blockchain-based technology, technical barriers to entry and the sheer amount of information to absorb prevent many from realizing these benefits. Determining how to prioritize user experience and communicate trust is critical to your success (as an example, you can think of the “browser lock” icon that signifies a secure connection).
Yes! The first NFT I made/purchased was Crypto Coven…and I eventually made and bought a few more. I fell in love with the aesthetics and thoughtfulness of the project. It was clearly a labor of love. Great care was taken in generating the design elements, attributes, and mythologies that make up each individual witch. The contract code was also beautifully written.
Also, its Discord is an incredibly positive and supportive place, with some of the best Web3/Ethereum technical discussions.
Herding and complaining about a pack of 100+ pugs is probably near the top. But somehow this has not happened yet.
I would spend extra time writing. Decentralized identity standards and technologies are new, making it difficult to access information through an objective, non-commercial or vendor lens. Technical specifications are publicly available, but not accessible to the wider public. More importantly, they don’t provide the context or tribal knowledge gained from the years of deliberation that led to design decisions.
The risk of deploying innovative technologies understood by a select few is to adapt or refine them, along with other experts (privacy, regulation, etc.) who provide essential input for adoption. is not possible. I’ve spent a lot of time on the line between technical solutions and what is needed for practical adoption, but I’d like to spend more time writing about this.
Personally, I spent at least four hours a day practicing Bach’s cello suites.
We believe we are on the road to a more decentralized underpinnings of social media networks. Your data, connections, reputation and experience are increasingly under your control. It is not under the control of any company that is encouraged to treat you as a product.
Christine Lemmer-Webber, a leader in decentralized identities (especially integrating feature-based approaches), is also a pioneer in decentralized social media initiatives such as Mastodon and ActivityPub. This work continues and thrives through initiatives like BlueSky.
The challenge, of course, is to identify sustainable models to support such networks. This presents an exciting opportunity to develop new approaches that do not rely on the aggregation of vast data silos, but instead respect privacy and informed consent.
