MyID

DID identity authentication platform, MyID

DID identity authentication platform, MyID

MyID alliance has been establishing a new DID ecosystem with various partners in many different sectors.

Designated as a regulatory sandbox by

South Korea's Ministry of Science and ICT

Designated as a Fintech Sandbox &

innovation financial service

ICONLOOP X Shinhan Bank

Issued the first financial DID in Korea

Structure of MyID

MyID verifies data integrity via blockchain, realizing SSI(Self-sovereign identity) with a structure where users can store the personal data

authenticated by identity authentication institutions on their smartphones and submit required information for authentication in a simple and easy manner.

MyID verifies data integrity via blockchain, realizing SSI(Self-sovereign identity) with a structure where users can store the personal data authenticated by identity authentication institutions on their smartphones and submit required information for authentication in a simple and easy manner.

myid-mobile-1

Main Functions of MyID

MyID issues DIDs to the subjects of platforms and manages the entire process of issuing, submitting, verifying, and revocating verifiable

credentials (VC). MyID not only reinforces security by adding electronic signature on all credentials among each subject (user, issuer, verifier)

but supports users to have the full control over their own credentials conveniently by storing them on separate cloud servers.

MyID issues DIDs to the subjects of platforms and manages the entire process of issuing, submitting, verifying, and revocating verifiable credentials (VC). MyID not only reinforces security by adding electronic signature on all credentials among each subject (user, issuer, verifier) but supports users to have the full control over their own credentials conveniently by storing them on separate cloud servers.

DID and Key management

Functions to issue / submit credentials

Functions to verify / revocate credentials

DID and Key management

Functions to issue / submit credentials

Functions to verify / revocate credentials

Electronic Signature

Electronic Signature

Storage function (PDS/Vault)

Storage function (PDS/Vault)

MyID Platform configuration

MyID provides various authentication services such as digital identity authentication, visitor management, certificates,

and verification for vistis, based on ICONLOOP's high-performing blockchain, Loopchain. MyID is establishing a safer and more trustworthy verification environment with many local governments.

MyID provides various authentication services such as digital identity authentication, visitor management, certificates, and verification for vistis, based on ICONLOOP's high-performing blockchain, Loopchain. MyID is establishing a safer and more trustworthy verification environment with many local governments.

MyID Alliance

MyID Alliance is establishing a blockchain-based DID ecosystem putting MyID at the center,

trying to remove actual inconveniences of users with cooperation of 86 institutions from various fields.

MyID Alliance is establishing a blockchain-based DID ecosystem putting MyID at the center, trying to remove actual inconveniences of users with cooperation of 86 institutions from various fields.

MyID RoadMap

03.마이아이디
step 1

Digital Identity verification

• Establishing a digital identity verification platform and authentication infrastructure

• Adding digital identification methods

step 2

Collecting and utilizing digital data

• Establishing the foundation of collecting, managing and utilizing personal credential data

• Collecting third-party credential data

• Adding single-use cases of credential data

step 3

Trading digital big data

• Big data of credential data

• Establishing a trading platform of digital big data

• Boosting trade of big data

MyID Platform enables a trusted digital ID ecosystem

MyID Alliance is a collaborative organization establishing a blockchain-based digital ID ecosystem putting “MyID” at the center,

trying to resolve user inconveniences effectively.

MyID Alliance is a collaborative organization establishing a blockchain-based digital ID ecosystem putting “MyID” at the center, trying to resolve user inconveniences effectively.