Fintech Podcasts Security

Distributed ledgers and the evolution of identity

John Best discusses digital identity and distributed ledger technology with Brian Behlendorf and Dr Drummond Reed.

Brian Behlendorf, executive director of Hyperledger, and Dr Drummond Reed, chief trust officer at Evernym and founding trustee of the Sovrin Foundation, join me for a wide-ranging discussion on topics related to identity and distributed ledger projects, and how their organisations are furthering the development of digital identity.

Brian discusses his path from his work as one of the developers of the Apache Web Server to the Hyperledger Project’s Linux Foundation, and how the Foundation pulls together distributed ledger and contracts with a focus on the enterprise.

We also hear Brian’s take on the CULedger, and its similarities (and differences) to the development of the Domain Name System. Plus, how distributed networks provide control over personal identity, and the factors that contribute to the difficulty of adopting identity.

Also on the table is how Hyperledger and Sovrin are working to provide opportunities to the financial services industry, as well as reduce complexity, including the complexity and expense of physical processes. Who owns an individual’s data, and the responsibilities of an agent with access to an individual’s data?

You can listen to more episodes of BIGcast, and other fintech shows, on the BankNXT podcast page. Enjoy!

READ NEXT: Why can’t digital identity be easy, like payments?

– This podcast is reproduced with kind permission. Some minor changes may have been made to the text to reflect BankNXT style considerations, but the podcast itself is always unchanged. Read more here. Image by Titima Ongkantong, Shutterstock.com

About the author

John Best

John Best, CEO of Best Innovation group, is recognized as a thought leader and visionary of technology advancements and financial application development within the credit union industry. He is the founder of the BIG Podcast.

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