BIG, led by John Best, has emerged as a blockchain technologist and has provided technology vision and leadership to CULedger since its inception. BIG provided leadership for CULedger's original "research to action" committees and helped architect the vision of the CULedger network.
Self-sovereign identity with verifiable claims: simply revolutionary. Solving the identity silo problem begins with a digital identity that you literally own, not just control — a “self-sovereign” identity. When combined with verifiable claims, it enables any person, organization, or thing to interact directly with any other person, organization or thing, with trust and privacy.
Sovrin is a decentralized, global public utility for self-sovereign identity. Self-sovereign means a lifetime portable identity for any person, organization, or thing. It’s a smart identity that everyone can use and feel good about. Having a self-sovereign identity allows the holder to present verifiable credentials in a privacy-safe way. These credentials can represent things as diverse as an airline ticket or a driver's license. Sovrin identities will transform the current broken online identity system. Sovrin identities will lower transaction costs, protect people’s personal information, limit opportunity for cybercrime, and simplify identity challenges in fields from healthcare to banking to IoT to voter fraud.
Credit Union Financial Exchange (CUFX), an industry changing initiative lead by the CUNA Technology Council, is the highly efficient systems integration standard that connects applications (e.g., online banking, lending, IVR) to core processing systems and will be used to provide standardization for CULedger. Consider CUFX as the communication/integration layer. Whenever possible, the CULedger core services and applications will re-use data structures that have already been standardized by CUFX, such as member contact details, card data, or threat activities.