Trust and privacy on the internet: The solution is ahead

Author: Peric Konstantin  

Publisher: Henry Stewart Publications

ISSN: 1750-1806

Source: Journal of Payments Strategy & Systems, Vol.7, Iss.3, 2013-01, pp. : 246-249

Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.

Previous Menu Next

Abstract

Who has stopped and thought about their data out there on the internet? Data about a person: Twitter followers, Facebook friends, eBay reputation. Or data about one’s company: purchase record, customer lists, customer credit card numbers. Data are spread around, most often only protected with passwords and too easily accessible. The Digital Asset Grid (DAG) is a research project run by Innotribe (the innovation arm of SWIFT) in 2012, which envisions a solution to this problem using the following components: a crowd-sourced, user-centric identity; privacy and trust on the internet, based on the Respect Trust Framework; an infrastructure for secure storage and exchange of digital assets. This paper explores the DAG and looks at the status of the project.