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SmarterMarkets™
Preserving Privacy in the Global Information Economy Episode 4 | Sarah Clark on Empowering Digital Citizens with Self Sovereign Identity
Aug 28, 2021
Sarah Clark, Senior Vice President of Digital Identity at Mastercard, discusses the evolution of digital identity and the importance of self-sovereign identity. They explore trust and privacy challenges in the digital world, the impact of data privacy legislation, and the role of self-sovereign identity in smarter markets.
48:13
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Quick takeaways
- Self-sovereign identity allows individuals to have portable and trustworthy digital identities, extending beyond government-issued documents and enabling inclusion in various digital interactions.
- MasterCard is establishing a global, interoperable, and reusable digital identity network to provide a secure and convenient way for individuals to prove their identity and access different products and services, contributing to trust and privacy in a consent-based economy.
Deep dives
The Importance of Self-Sovereign Identity
Self-sovereign identity allows individuals to take control of their own data and reputation, enabling them to have portable and trustworthy digital identities. This concept emphasizes the need for identity to extend beyond government-issued documents and serve as a ticket to inclusion in various digital interactions, such as financial services and travel.
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