Cost of fraud – $3.7 trillion. This includes the cost of fraud, the cleaning up of the mess, phishing attacks etc.
Current identity is siloed. Sometimes that’s Facebook, sometimes that’s government. In some parts of the world you aren’t issued any identity which means you have no identity and makes transactions difficult.
2 billion people are unbanked. They have no acces to banks or proof of property ownership.
95% of all attacks on enterprise networks are the result of successful spear phishing.
Sovrin Public Distributed Ledger does not have any information other than public keys. Identity is established by an exchange of claims over an encrypted peer to peer connection.
Google sidewalk labs is going to use the Sovrin Ledger
Key pieces of the protocol – Discoverable with interoperable protocols with total privacy.