Securing Your Web3 Digital Identity

ETH Vietnam 2022 · November 2022 · 10:41

Nilkanth Iyer of Unstoppable Domains explains how users can secure their web3 digital identity. The workshop covers wallet-based identity and blockchain domain names, and how people can keep control of the identifiers they use across applications. Recorded at ETH Vietnam 2022.

Speakers

Topics

From ETH Vietnam 2022, hosted by ETH Vietnam.

Transcript

right so now let's welcome our third speaker which is new from Unstoppable domains with a topic securing your Wesley digital identity hi good afternoon everybody my name is [Music] I'm responsible for Partnerships for Asia Pacific and Japan the topic today is securing your digital identity you know why is digital identity important so if you really look at web 1 web 2 web 3 right who really owns your data now if

you look at web 2 which most of us are still on the data is owned by Google by Facebook by Instagram or you know you have a reputation which you cannot carry from one platform to the other uh you know you cannot uh you know kind of monetize whatever work that you have done for example say you have 100 000 bit of followers but if you want to go out of Twitter to a different platform you really cannot right so all your data is being owned by these companies so many of you must have seen that the famous Netflix series which is the social dilemma where you are the product right I mean it's your data which is being monetized by these large companies

so uh the future or the dream of web 3 is the ownership economy right can we own our digital identity can we own our data you know that's really what everybody offers is building for so what is your digital identity right like for example um you know you have a person sandy.nft right so you are an artist you are a Creator so you want to have a DOT nft a kind of a domain uh you have all your addresses linked to this human readable name to have all your social uh you know profiles for example Twitter or Instagram all of this linked to this

domain name which is a webc domain name right which is a very digital identity you can also have badges like for example gamer and you may have some gamer tags you may have you know collected some you know achievements in different games or you may for example own a lazy line or crypto chicks or you know something else all these patches everything is linked to this digital Identity or your web free digital identity right and the most important thing is uh you can choose what kind of data you want to share that's that you log in so if you're logging into a game you don't want to share your location you don't want to not share your email you can make sure that your data is not shared with those dats right so in

complete you have complete control on what data that you share so what are the use cases of having a web free domain or have analyzed digital ID like for example your emails so your normal mails your Google your Hotmail all these mails you know they capture again data about you you must be getting a lot of offers based on the kind of searches that you may be doing ideas to get any to end encrypted you know decentralized name and for example Unstoppable domains has partnership with skip which is of end-to-end encrypted mail we have partnership with hash fail which is a fairly new company we have partnership

with many web free email decentralized email provider or it's a reputation you can link like I said your Twitter or your Instagram your foreign [Music] [Music] [Music] [Music]

instead of using a complex address I can actually use a human readable mail like sandal.nfkey or realcon dot crypto or you can dot wallet and that is also my digital business card sort of people that we meet we actually exchange our business cards nowadays with telegram uh you know web3 domain name or your digital identity is like a digital business card right and at the end of the day you know your educational credentials so if you actually you know go through some web free education you want to link your education credentials all of this can be done linked to your digital ID so this is how it works from Unstoppable domain you know you can connect to

Unstoppable it's a name for getting paid so if I just share my Unstoppable ID need s so you know I can receive and send a crypto with different people and this is how the mobile app kind of works right I can choose the kind of digital identity I want for many of us you know one great in the web tool while to get my web to domain name.com is very difficult but in the web keyword you can kind of get your identity [Music] side and look for the kind of name that you want to own in web 3 again this is the one time thing this is like an nft you don't have to pay a

renewal fees who are like a godaddies and others you have to pay the real fees every year you don't really own your identity so you can go to Unstoppable domain and buy it for once and we are on polygon so there is no big ass piece so for as low as five dollars you can buy a domain and own it for life right these are some examples of you know gaming companies which are integrated to Unstoppable login like for example you know you don't want your blockchain address to be displayed on leaderboards you want to have your name or your domain is played so you can so we have a slope which has integrated Unstoppable

uh we have partnership with tari uh there is another partner of burger cities they actually have created a room within which Bots actually tell you which domain name you can actually choose and like you see you know you can actually have your name displayed as a part of your uh foreign digital identity can be used to login into metaverses we have Integrations with multiple Vector verses so the same name can be used for logging into games for logging into metaverses logging into le5 or dats right this is an example of huddle huddles

your zone for web 3 or you can actually again using on speaker this is an example of if I add food Finance users so instead of using the Google area you can actually use Unstoppable domains to you know kind of login I was talking about privacy based email so you have to have a secret skills a whole lot of decentralized email providers so I can just use my domain name for example addict.x and say on the email using that so nobody can actually see my

uh so I have complete policy so what's the value of having all this digital by having a vector so there was a research done by few research and says that countries which are able to provide uh decentralized digital identity developing countries their GDP can go as much as six percent and for developed countries right so that's really the value so you have gdpr and developed you have different laws of different countries but the ideal is you know there is Facebook there is Google making money out of us right they make 100 billion dollars of AD Revenue

if we can give our citizens a decentralized digital Identity or GDP really can work because you don't have to pay people and Facebook for their ads uh last but not the least McDonald's are most important initiatives is women of web 3 I'm not saying many women here but the idea is to increase more women participation in the factory world as per research it says that I think only seven percent of your women leaders are there in the very world so we started this we launched it in Asia token 2049 the idea is to get more and more women into the factory world uh this is free

for anybody to join so ill women Founders or even if you are part of a company and you want to actually help other women out in learning more about web3 or this is a not-for-profit it's called as women of web 3 Unstoppable we launched this on March 8th of this year and already we have close to about 200 companies which have signed it or you know this number is increasing so we have done about 55 Twitter space about 35 000 women educated in fact in Singapore token in 20149 we launched with a partner where nine year old girls can teach other nine-year-old girls on their

own that we launched this initially that's the photo of the Asia launch of Unstoppable women so I would urge all of you to join this group of trying to pledge to educate more people and enjoyment thank you thank you