id.bank - the digital identity platform

In this article I'm going to present a vision of  the distributed services platform founded on the reliable digital identity.

There is already a definition of the digital identity that states:

"... digital identity is entire collection of information generated by a person’s online activity. This includes usernames and passwords, online search activities, birth date, social security, and purchasing history..."

This kind of identity is also called 'online identity'.
There are solutions like OpenId Connect or User Managed Access and many other built based on this definition. They provide a frameworks to work with this kind of the online digital identity. Those solutions try to restore a user's controll on the data that is already held by third parties (like google, facebook, twitter and other). In my opinion there is no way to get back full controll on that data - it's because third parties that controll data are not simply interested in it. 

In this case the only way  to protect user's data from being tampered with and controlled by third parties is to create a compleatly new solution for the data sharing and distribution over the internet so that users can have a way to controll a new data that will produced and share over the internet in the future.

That is one of the main goals of the id.bank but not the only one. 

id.bank is gonna be a distributed services platform (similar to email) founded on the digital identity.

There will be a collection of services like:

- common authentication mehanism

- e-voting, 

- digital assets shareing and controll (digital ownership), 

- secure connections (p2p, encrypted email)

- digital value emission (eg. digital money - do not confuse with cryptocurrency - this project has nothing to do with blockchain nor cryptocurrency) 

- other customized services for the specified purpose (eg. onboarding/ofboarding processes in the company)

id.bank - digital identity platform

The id.bank requires a new definition of the reliable digital identity. This new definition you can find here: new definition of digital identity

Reliable digital identity is a data collection that is fully controlled by the private key that is owned and controlled by the end user.  

The reliable digital identity is a common denominator for all service mentioned above.

Everyone can run own identity server in order to run those services (same as everyone can run own email server in order to send emails). 

For example local comunity can run identity server in order to enable e-voting for the members.

User's identity will be stored on the personla device that is called an Identity Holder (IDH is a kind of a digital wallet) - that will be a mobile device like smartphone or tablet. IDH will be fully controlled by the user (and only by the user). All user's private data will be stored there. There will be no central point that collects data so there will be no risk of a data leak. Moreover all shared data will be encrypted so that only the owner of a specified private key will be able to see it.