The ITE Card The First Global Digital Credential for a New - - PowerPoint PPT Presentation

The ITE Card

The First Global Digital Credential for a New Relationship between Publishers and Subscribers Worldwide

Drummond Reed Chief Trust Officer, Evernym Trustee, Sovrin Foundation ITEGA Summit Pocantico NY 19 April 2018

Hypothesis

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ITEGA can reach its goals by launching the first global digital credential for online subscribers— a single “fast pass” for news worldwide

The ITE Card

The ITE Card

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This credential would give the

• wner instant access to any ITE

member site—even a site the

• wner had never visited before

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The ITE card could also be issued by any ITE member site—in seconds—directly into the owner’s mobile wallet

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The ITE card is like a digital credit card except much smarter—it enables its owner to pay for digital content in three easy ways

#1: Direct Subscription

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The first option is paid sub-scription—either directly to an ITE member site, or in a package deal for all ITE sites (“Amazon Prime for digital news”)

#2: Micropay-per-view

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The second option is one-click access to any article or digital artifact via a micropayment in digital tokens

#3: Verifiable Advertising

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The third option is “paying” with high-quality verifiable personal data shared instantly, directly and confidentially with the site

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What makes all this possible? A revolution in open-standard,

• pen-source digital identity

known as self-sovereign identity…

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…and the first public blockchain and trust framework designed to

• ffer self-sovereign identity as a

global public utility…

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More details to come at the Pocantico Workshop. You can also read this white paper from the Sovrin Foundation: https://sovrin.org/library/sovrin-pr

• tocol-and-token-white-paper