Truvity brings the future of global digital identity management to life with its innovative challenges at the DIF 2024 Hackathon. A leader in user-centric digital identity systems, Truvity is dedicated to making the benefits of self-sovereign identity seamless and accessible for individuals and businesses alike. Their two innovative challenges aim to revolutionize digital identity management for our increasingly global and mobile world, leveraging the power of decentralized identity and verifiable credentials.
Alexander Mikhailov, Product Manager at Truvity shares his thoughts: “We’re excited to see Truvity’s SDK come to life through the creativity and innovation of the DIF 2024 Hackathon participants. Our goal is to make it easy for developers to build with technology like verifiable credentials, so they can have a real impact on how we exchange information and move away from physical documents to a digital future of credentials.”
Streamlining relocation-related digital identity complexities with SSI
Truvity invites participants to explore how decentralized identity and verifiable credentials can streamline complex eKYC processes and digital identity management using self-sovereign identity solutions.
At the heart of these challenges is Miko, a talented backend developer embarking on an international relocation. Her journey from outside Europe to Amsterdam serves as the backdrop for exploring innovative applications of digital wallets, smart to-do lists, and interlinked verifiable credentials.
The Challenges
Challenge 1: Miko’s Journey to Amsterdam
In the first challenge, you will create a Digital Identity Wallet with an embedded to-do list that guides Miko as she relocates to Amsterdam and navigates the complexities of settling in a new country. The wallet should:
- Manage and submit Verifiable Credentials (VCs) for various steps of the relocation process
- Handle interlinked VCs to maintain data integrity across different procedures
- Simplify tasks from obtaining employment contracts to securing housing
Challenge 2: eKYC Compliance Officer Panel
Building on Miko's journey, design a user-friendly Compliance Officer Panel for financial institutions. This challenge focuses on streamlining the verification process when Miko opens a bank account. Key aspects include:
- Reviewing and approving interlinked Verifiable Credentials
- Providing an efficient interface for compliance officers to manage digital identity documents
- Ensuring the integrity and completeness of submitted credentials
Both challenges encourage participants to leverage Truvity's SDK and explore innovative ways to make digital identity management more accessible and secure in our increasingly mobile world.
Prize Pool and Participation
Truvity is offering a total prize pool of $5,000, with each challenge awarding:
- 1st Place: $1,500
- 2nd Place: $700
- 3rd Place: $300
To participate, leverage the Truvity SDK (available in TypeScript and Java) and ensure your solutions use W3C-compliant verifiable credentials.
Why Join Truvity's Challenge?
- Tackle real-world identity management issues faced by global citizens and financial institutions
- Work with cutting-edge technology in the decentralized identity space
- Gain visibility among leaders in fintech and digital identity sectors
- Contribute to making digital interactions simpler, more secure, and user-centric
- Have your entries featured on the Truvity blog and across their social channels with over 15,000 followers and readers.
Kim Hamilton Duffy, DIF's Executive Director, expresses enthusiasm for Truvity's choice to anchor the challenges in a real user journey: "By following Miko's relocation story, participants can focus on creating solutions that genuinely simplify people's lives. Concentrating on practical, human-centered use cases is the key to setting a new standard for convenience and agency in daily interactions.”
Ready to Innovate?
Register for Truvity’s information session ”Building SSI Solutions: An Introduction to Truvity SDK”, this Wednesday at 10/3/2024 noon ET (18:00 CEST).
We can't wait to see how you'll leverage decentralized identity and verifiable credentials to create a more connected, efficient, and user-friendly digital world!
