Trinsic
Company
Name: Trinsic
Main: Website, Blog, Docs, App, Socials: Twitter, Youtube, Discord, Crunchbase, Linkedin, Related: DIF, Sovrin Foundation, Verifiable Organizations Network, Covid Credentials, TOIP, Hyperledger Foundation, W3C Parent: Streetcred Founders: Riley Hughes, Michael Boyd Founded: 1998 Location: USA, New York, New York Sector: Enterprise Industry: ID Market: Software Standard: Verifiable Credentials, DIDWe make it easy to implement Self-Sovereign Identity based on Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs), a new digital identity standard. Our software is based on the open-source Hyperledger Aries project, to which we are a primary contributor.
Together with proper governance, SSI enables, for the first time, the Trust over IP (ToIP) stack. Once trust can effectively be conveyed over IP, a tremendous number of opportunities arise in every industry vertical imaginable. We build the tools to help you capitalize on this opportunity.
Product
- How Yoma Uses Trinsic to Help African Youth Build Digital CVs Related: Yoma Type: Post Date: 2023-05-09
- Trinsic Builds Open Source Trust Registry Sponsored by eSSIF-Lab Related: ESSIFLab Type: Post Date: 2022-08-10 Tech: Trust Registry
- Announcing Trinsic’s Largest Platform Update Ever Type: Post Date: 2021-07-08
- Introducing Trinsic Ecosystems Type: Post Date: 2021-04-19
- How to Create Connections in Trinsic Studio Type: Post Date: 2020-12-02 Projects: Trinsic studio
- Trinsic Introduces Interactive Connections in Trinsic Wallet & Platform Type: Post Date: 2020-11-03 Focus: Wallets
- Partnered with Zapier to Bring SSI to 2000+ Applications Type: Post Date: 2020-10-07
- Combining Verifiable Credentials and Smart Contracts for COVID-19 Data Management Type: Post Date: 2020-09-10 Market: COVID Tech: Digital Assets Modeling Language Standard: Verifiable Credentials
- Simplifying SSI-Based Solutions to Focus on Adoption Type: Post Date: 2020-09-01 Market: COVID
- MedCreds: Reducing the Risk of Returning to Work Related: MedCreds Type: Page Date: 2020-07-17
- Trinsic Api's Related: Verity Type: Code Date: 2020-04-06
- Trinsic Wallets Related: Verity Type: Documentation Date: 2020-04-06
- AgentFramework for .NET joins Hyperledger Aries Type: Post Date: 2019-08-24 Tech: AgentFramework, .NET
Verifiable credentials is a beautiful set of technology that allows people and organizations to get the data in a verifiable form that still respects agency.” Lohan Spies, Technical Lead, Yoma
Driven by our motivation to make SSI more adoptable, we built the world’s first turn-key, open source trust registry solution. This work was sponsored by the European Self-Sovereign Identity Framework Lab, which is an EU consortium that provides funding for projects that build SSI open source tools. Any ecosystem provider can use the trust registry implementation to enable governance in their verifiable data ecosystem.
The next version of the Trinsic platform is 10x as accessible, 100x more performant, and 1,000x more scalable. And it is available now.
Once an ecosystem is configured, providers need to onboard participants like issuers and verifiers. Trinsic Ecosystems comes with an API that’s extremely easy for any issuer or verifier to integrate and can be white-labeled with the name of the provider. In addition to the API, ecosystem participants can use the Trinsic Studio, a white-labeled web dashboard.
In this blog post, we will explain how to create connections in Trinsic Studio. Throughout the steps below, we will be referring to a fictitious person, Alice Smith, who is a recent graduate of Faber College and is applying for a job. Alice has already received her digital diploma in the form of a verifiable credential and is wanting to apply to work for a company called ACME Corp. In order to start the online job application, Alice must first make a connection with ACME Corp.
Current digital wallet implementations fall short of the vision of self-sovereign identity (SSI) because they only allow wallet holders to respond to, not initiate, interactions with institutions. This reduces wallet holders to a passive role, which at best delivers suboptimal utility to the holder, and at worst can reinforce the unhealthy power asymmetries between institutions and people that exist today. Interactive connections solve this problem by creating a two-way street between a wallet holder and an institution. Instead of a passive responder, the wallet holder is a peer who can initiate actions of their own. In addition, wallet holders can interact not only with institutions, but also with other wallet holders, to communicate securely and share verified information.
In our eternal quest to make SSI easier to adopt, Trinsic partnered with leading workflow automation platform Zapier to enable Trinsic’s developer community to integrate self-sovereign identity with 2000+ common applications without coding! While Trinsic specializes in building the world’s best developer toolkit for decentralized identity, we recognize that plenty of non-technical people want to build SSI integrations. Zapier is the best tool we found to connect the APIs of various different services behind the scenes, making SSI more accessible than ever before.
The app is called “State Surveillance System for Covid19 Testing and Vaccine Distribution Management”. It is a prototype app developed using DAML (Digital Assets Modeling Language) and W3C’s verifiable credential. The app showcases a prototype solution that provides a digital, secure experience for citizens, health clinic providers, and state agencies to share COVID-19 test results, “proof of vaccine” administration, and other “immunity proofs” using a centralized ledger.
After the COVID-19 pandemic hit the state of Oregon and we shuttered shops and public places, here in my little piece of heaven—the city of Sisters—I went to some of my friends at Economic Development for Central Oregon
Looking to do its part in the fight against the COVID-19 pandemic, Trinsic announced three months ago that it would waive all fees for anyone working on projects related to the pandemic. Since then, we have seen a myriad of use cases ranging from using verifiable credentials for HIPAA certifications, to privacy-first contact tracing, to credentialing doctors for telemedicine.
The use case with the strongest traction has been creating verifiable COVID-19 test results in digital form. Currently, the process of receiving and using a paper-based COVID-19 test result is fraud-prone and clunky. Verifiable credentials makes this process more secure and streamlined.
One of our partners, MedCreds, is on the leading edge of providing secure, privacy-respecting, and regulatory-compliant solutions and has recently taken their COVID-19 verifiable test-result product to market
Developers are thrilled when they discover Trinsic’s APIs because they are the simplest way to integrate self-sovereign identity into any application.
In Trinsic’s platform, identity wallets are secure, partitioned data stores scoped to a single holder, capable of storing and sharing credentials and proofs. Endless configurations of wallets exist (custodial, non-custodial, etc.) each with different trade-offs; Trinsic has designed a hybrid-cloud wallet system intended to strike the ideal balance between security and usability:
We’re excited to announce that AgentFramework for .NET — a library for building interoperable SSI agents for the .NET Core runtime, joined the Hyperledger Aries family of frameworks. Aries provides a shared, reusable, interoperable tool kit designed for initiatives and solutions focused on creating, transmitting, and storing verifiable digital credentials.
Meta
- Trinsic just raised $8.5M 🎉 and we want to celebrate with you! Type: Post Date: 2022-06-28
- Company Culture & Trinsineers Type: Post Date: 2021-02-09
- Trinsic Cements its Commitment to Interoperability Ahead of Internet Identity Workshop XXXI Type: Post Date: 2020-10-20 Event: IIW #28
- Trinsic Leads SSI Digital Wallet Portability Type: Post Date: 2020-08-18 Focus: Portability Tech: Wallet
- Trinsic raises pre-seed funding and rebrands from Streetcred ID to Trinsic Type: Post Date: 2020-06-10
- Joined Trust over IP Foundation as Founding Member Related: TOIP, TOIP Founder Type: Post Date: 2020-05-05
developers face a dizzying number of standards to be compatible with—“SoulBound Tokens” and “Web5” being the latest additions to the litany of W3C, ISO, DIF, ToIP, and other existing specs. Trinsic offers teams a single API that acts as an abstraction layer that bridges ecosystems, strips complexity away from the development process, and ensures products are future-proof.
Trinsineers are people who’ve agreed to take the journey to make the world more accessible to people everywhere. We’re a team of people who happen to be working together inside a legal entity called Trinsic. This journey is not a casual stroll, but an expedition. As Trinsineers, we’re developing a culture that is not only helping us accomplish our goals but bringing fulfillment and enjoyment along the way.
Interoperability has always been of paramount importance to Trinsic. That story begins at an IIW #28 demo
“Portable” is one of the 10 principles of self-sovereign identity (SSI). In order to achieve portability or self-sovereignty, an individual must be able to control where their identity information and credentials are stored. They must be able to leave their current provider and move to a new provider and never be trapped in vendor lock-in.
Wallet portability for individuals has always been an aspiration of wallet providers, but until today, has never been successful. We’re proud to announce that Trinsic has achieved interoperable wallet portability with two other SSI wallet vendors—Lissi and esatus AG. For the first time, an individual can “fire their wallet”¹ and use a new one.
Salt Lake City, UT / June 10, 2020 / — Streetcred ID, a SaaS platform for decentralized identity, announced today that it rebranded to the name Trinsic and closed a pre-seed funding round with institutional investors. Kickstart Seed Fund (Kickstart), a seed-stage venture capital firm in the Mountain West, led the round. Trinsic is Kickstart’s first investment of its recently-closed, oversubscribed $110 million fund.
As technology was developed to enable voice to travel over the Internet Protocol, a technology that powers Zoom, call centers, and more, it was coined Voice over IP. Other examples abound, including PC over IP, AV over IP, etc. Trust over IP (ToIP) is exactly what it sounds like. For the first time, the internet can add an element of human trust that would not have been possible before.
Explainer
- Building Digital Trust Ecosystems with Riley Hughes from Trinsic Parent: NorthernBlock Type: Post Date: 2021-05-05
- SSI Has an Identity Problem Type: Post Date: 2020-11-24
- Trinsic Basics: The Three Models of Digital Identity Type: Post Date: 2020-09-25
- Verifiable Credentials and Smart Contracts for COVID-19 Data Management Type: Post Date: 2020-09-10
- Trinsic Basics: What Are Decentralized Identifiers (DIDs)? Type: Post Date: 2020-09-03 Standard: DID
- Trinsic Basics: What Are SSI Digital Wallets? Type: Post Date: 2020-08-20 Tech: Wallet
- Decreased Unemployment Among African Youth Using Verifiable Credentials Type: Interview Date: 2020-08-04
- Call to Action: Verifiable Credentials & COVID-19 Type: Post Date: 2020-06-22 Market: COVID Standard: Verifiable Credentials
- The Story of Decentralized Identity Type: Post Date: 2018-08-19
The reason I love that quote is that digital credentials and verifiable data can not only impact the use cases that everybody tends to think about when they think about SSI, but they could permeate our whole lives and streamline everything we do.
there is a new category of technology and business solutions that seeks to solve the proverbial “dog on the internet” identity problem for individuals, organizations, and connected devices. Most often called ‘SSI’ (for ‘self-sovereign identity’) or ‘decentralized identity’, these terms are often used in the same way ‘elephant’ is used—with a wealth of meaning and nuance not apparent to beginners. A review of the different terms used to reference SSI provides a helpful introduction.
Digital identity has advanced over time, most recently culminating in self-sovereign identity (SSI). In this Trinsic Basics post, we are going to briefly cover the different models of digital identity and how SSI is the next step in the digital identity evolution. The content in this post is inspired by a blog post
The app is called “State Surveillance System for Covid19 Testing and Vaccine Distribution Management”. It is a prototype app developed using DAML (Digital Assets Modeling Language) and W3C’s verifiable credentials. The app showcases a prototype solution that provides a digital, secure experience for citizens, health clinic providers, and state agencies to share COVID-19 test results, “proof of vaccine” administration, and other “immunity proofs” using a centralized ledger.
Most identifiers are given to us by centralized registration authorities like governments, telephone companies, and email providers. But that puts an organization in between us and our ability to access basic services, compromising privacy and putting individuals in a position of powerlessness. The answer to this problem is a W3C standard called Decentralized Identifiers (DIDs).
A digital wallet, in the context of self-sovereign identity, is a software application and encrypted database that stores credentials, keys, and other secrets necessary for self-sovereign identity.³\
In Africa, these difficulties are magnified by the pre-existing high unemployment rate among African youth. Yoma is a platform that uses verifiable credentials to help African youth build up their digital CV and find employment that matches their skills. Although Yoma and its benefits were relevant and needed before the pandemic, the economic impacts of COVID-19 have only increased the platform’s effectiveness for African youth.
Below is the interview we had with Lohan Spies, the individual responsible for integrating verifiable credentials into the Yoma platform using the Trinsic platform.
Gates suggests that a digital certificate is needed because it will enable people to share trustworthy information with others. In other words, it is a tool at our disposal to help us reduce uncertainty around the virus. As uncertainty is reduced, additional information enables risk decisions⁴ to be made to ensure our economy doesn’t slip into a total depression. More people can go back to work, faster. Bill Gates’ comment on Reddit caught attention among my colleagues, customers, and partners because there is already a W3C technology standard to accomplish this called verifiable credentials (VC). Hundreds of organizations, including the largest companies in the world, are using VCs for all sorts of things. Verifiable credentials are like digital certificates but with special superpowers that give people privacy, control, and convenience.
Most of the time we don’t realize how much our private data is exposed and shared. Often we don’t even question how much information about us we should share to get something. Do you really need all those sensitive details about me to go through even a simple process as a rental application for a tiny apartment? Why do you need to see my bank history to verify I have sufficient income, or see my name and address on my ID to verify I’m over 21? Why do we still rely on physical documents to prove something about us in this age of technological advancement?
Howto
- Build an SSI proof of concept in <30 minutes Parent: IDCommons Type: Session Founder: Riley Hughes Date: 2021-05-06 Focus: Ecosystem
- Creating Verifiable credentials in ASP.NET Core for decentralized identities using Trinsic Parent: Personal Type: Post Founder: Damien Bowden Date: 2021-04-05 Tech: ASPNET Standard: Verifiable Credentials
The session began with a short introduction to SSI, an introduction to Trinsic, and an overview of how to get started. Then, everybody present starting building an SSI proof of concept, creating issuers, verifiers, and schemas to learn first-hand how it all works. A step-by-step guide on how to replicate this session can be found at the following link: https://www.notion.so/Trinsic/Build-an-SSI-Proof-of-Concept-dae9d6e565eb4770be41b61d55e090cb
This article shows how verifiable credentials can be created in ASP.NET Core for decentralized identities using the Trinsic platform which is a Self-sovereign identity implementation with APIs to integrate.
Recap
- Webinar Recap: Making Money with SSI Type: Post Date: 2020-10-30 Focus: Business
In our recent expert-panel webinar, “Making Money with SSI,” we dive in to the details of creating a business out of SSI from experts who’ve done it. Whether you missed the webinar or just want to refer back to the best parts, we’ve got you covered with a full recording. Scroll below the recording to view a highlight reel!
Resources
- Trinsic has released some tools to issue verifiable credentials Type: Post Date: 2020-10-19 Standard: Verifiable Credentials
All verifiable credentials come from credential templates. These templates specify what information should be included in a credential. Faber College would most likely want the credential template of its digital diplomas to include a graduate’s first and last name, what they got their degree in, what year they graduated, and thier GPA. Let’s begin!
Related
From other pages on this site. (Beta)
- Name: Decentralized Identifiers Market May See a Big Move: Major Giants- Consensys, Blockstack, Danube Tech
Parent: Xaralite Type: Report Related: Transmute, Consensys, uPort, IBM, Blockstack, Danube Tech, Trinsic, Spherity, Microsoft Related: Transmute, Consensys, uPort, IBM, Blockstack, Danube Tech, Trinsic, Spherity, Microsoft, - Name: Creating Verifiable credentials in ASP.NET Core for decentralized identities using Trinsic
Parent: Personal Type: Post Author: Damien Bowden
Related: Trinsic Date: 2021-04-05 Related: Trinsic Tech: QR Code Standard: DID - Name: Verifying Verifiable Credentials in ASP.NET Core for Decentralized Identities using Trinsic
Parent: ML-Software Type: Post Author: Matteo Locher Related: Trinsic Date: 2021-04-13 Related: Trinsic - Name: Evernym’s Connect.Me
Parent: Evernym Type: Product Related: Aries, Trinsic, IBM, IDramp, Esatus Date: 2021-09-27 Related: Aries, Trinsic, IBM, IDramp, Esatus, - Name: Evernym’s Verity
Parent: Evernym Type: Product Related: Trinsic, IBM, Lissi, esatus Date: 2021-10-10 Related: Trinsic, IBM, Lissi, esatus, - Name: Challenges to Self Sovereign Identity
Parent: Personal Type: Post Author: Damien Bowden Related: Trinsic, Mattr, Evernym Date: 2021-10-11 Related: Trinsic, Mattr, Evernym, Market: Critique
provides valuable market size data for historical (Volume & Value) from 2016 to 2020 which is estimated and forecasted till 2026*. Some are the key & emerging players that are part of coverage and have being profiled are Transmute (United States), Consensys (United States), uPort (United States), IBM (United States), Tykn Tech (Netherlands), Blockstack (United States), Danube Tech (Austria), Trinsic (United States), Spherity (Germany), Microsoft (United States).
The National Driving license application is responsible for issuing driver licenses and administrating licenses for users which have authenticated correctly. The user can see his or her driver license and a verifiable credential displayed as a QR code which can be used to add the credential to a digital wallet. When the application generates the credential, it adds the credential DID to the blockchain ledger with the cryptographic proof of the issuer and the document. When you scan the QR Code, the DID will get validated and will be added to the wallet along with the request claims. The digital wallet must be able to find the DID on the correct network and the schema and needs to search for the ledger in the correct blockchain. A good wallet should take care of this for you. The schema is required so that the data in the DID document can be understood.
In this part we are going to look at how we can verify these credentials in order to continue some sort of business process. We will continue with the sample that Damien started and after obtaining our driver license we want to sign up for a new insurance. But we can only sign up at this insurance company if we can deliver proof of our driver license.
Connect.Me
Our consumer digital wallet app
Enable customers and end users to manage all of their digital credentials from the safety of their own phone
Engage in structured two-way messaging over secure and private channels
Eliminate excess data collection with zero-knowledge proof technology, and other cutting-edge privacy features
Our flagship product for verifiable credential exchange
Issue and verify digital credentials
Easily integrate with back-end systems, using our REST API and SDKs in Java, Node.Js, Python, and .NET
Build for scale, with enterprise-grade architecture designed to support millions of users.
Enable open ecosystems and true data portability, with a solution based on open standards and interoperability
Authentication using SSI credentials would have to same level of security as the authenticator apps which you have for existing systems. This is not as safe as using FIDO2 in your authentication process as FIDO2 is the only solution which protects against phishing. The SSI Authentication is also only as good as the fallback process, so if the fallback process, recovery process allows a username or password login, then the level would be passwords.