IDHub: Blockchain Identity Returns Sovereignty to Users
Digital identity will be the next wave of Blockchain application. In China, Wechat and Alipay have already launched digital ID products on their platform. It’s a common practice to store biological information in the identity database. Various Blockchain-based ID applications have emerged. IDHub is also catching up with the wave.
As introduced by Qu Ming, founder of IDHub, ID includes one’s education, profession, assets but more than that. ID could be interpreted as “one’s information, experience and property”.
Qu Ming said that despite the digital ID has been applied in many cases but it’s fragemented and vulnerable to unintended exposure, hacking, fraud etc. The Blockchain-based ID platform is aiming to solve such problems. IDHub has already been integrated into a local ID platform in Foshan:Foshan Chancheng IMI ID Platform.
The ID that users creates through IMI could be accessed by third-party through authorization. According to IDHub introduction, through the private key users can control on-chain registration, trading control, authorization for third-party access, etc. On the other hand, certification agency can use private key to sign data, endorsing user ID through pubic key authentication.
The platform is currently connected with the Notary Office, local UnionPay agency, local police authority and real estate trading center. the Ministry of Public Security, Real Estate Board and other government information. Over 20 notary-related businesses could be done online. In the future, more government approval procedures will be included in the IMI authentication platform.
There are other Blockchain-based ID projects in the world, among which Uport, Civic and Sphre’s Air are some prominent ones. IDHub is different from them in several ways.
From the perspective of identity, Qu Ming believes that IDHub return the control of identity to users. In terms of from the data management, user’s data is divided into public data and private data and stored differently. Public data is stored in IPFS while private data can be stored on personal mobile phones or PDS (Personal Data Server). App or service without user’s approval could only access limited data. Qu said that in the future the “zero-knowledge proof” could be applied to convince others without revealing any personal information.
In addition, IDHub is compatible with a variety of bottomlayer blockchain technologies such as Ethereum, Quantum and RootStock.