The ITE Card The First Global Digital Credential for a New - PowerPoint PPT Presentation

The ITE Card The First Global Digital Credential for a New Relationship between Publishers and Subscribers Worldwide Drummond Reed ITEGA Summit Pocantico NY Chief Trust Officer, Evernym 19 April 2018 Trustee, Sovrin Foundation

Hypothesis ITEGA can reach its goals by launching the first global digital credential for online subscribers— a single “fast pass” for news worldwide 2

The ITE Card

The ITE Card

This credential would give the owner instant access to any ITE member site—even a site the owner had never visited before 5

The ITE card could also be issued by any ITE member site—in seconds—directly into the owner’s mobile wallet 6

The ITE card is like a digital credit card except much smarter—it enables its owner to pay for digital content in three easy ways 7

#1: Direct Subscription The first option is paid sub-scription—either directly to an ITE member site, or in a package deal for all ITE sites (“Amazon Prime for digital news”) 8

#2: Micropay-per-view The second option is one-click access to any article or digital artifact via a micropayment in digital tokens 9

#3: Verifiable Advertising The third option is “paying” with high-quality verifiable personal data shared instantly, directly and confidentially with the site 10

What makes all this possible? A revolution in open-standard, open-source digital identity known as self-sovereign identity… 11

…and the first public blockchain and trust framework designed to offer self-sovereign identity as a global public utility… 12

More details to come at the Pocantico Workshop. You can also read this white paper from the Sovrin Foundation: https://sovrin.org/library/sovrin-pr otocol-and-token-white-paper 14