The systems, processes, and technologies for creating, maintaining, and verifying digital representations of individuals and entities across virtual environments, incorporating self-sovereign identity principles, decentralized identifiers, and verifiable credentials for secure cross-platform authentication.
Semantic Classification
Content
Technical Details
- SSI Components:
- Decentralized Identifiers (DIDs) for unique identity
- Verifiable Credentials (VCs) for selective disclosure
- Digital wallets for credential storage
- Blockchain for trust anchoring
- Metaverse Identity Elements:
- Representation: Avatars and visual presence
- Data: Behaviors, preferences, actions
- Identification: Authentication credentials
- Recent Developments:
- Tech Mahindra + EarthID SSI metaverse platform
- US DHS contracts for privacy-enhanced digital wallets
- EU eIDAS 2.0 (Regulation (EU) 2024/1183) in force since May 2024; member states must deliver compliant EUDI Wallets to citizens by December 2026
- Self-sovereign identity market valued at approximately 1,153B by 2034 (CAGR ~90%)
- Standards: W3C DID Core 1.0, Verifiable Credentials, ISO identity assurance
Applications
- Metaverse authentication
- Cross-platform identity portability
- Gaming credential verification
- KYC for virtual services
- Decentralized social profiles