In recent times, Sovereign identity was a hot topic in the blockchain and crypto ecosystem. It also focused on the rise of the creator economy. While, at present, the two types of digital identities one is federated and centralized, and the other is a self-sovereign digital identity.
NFT Steez, a bi-weekly Twitter Spaced which is hosted by Alyssa Exposito and Ray Salmond, came along with the co-founder of LUKSO, Marjorie Hernandez. They discussed the state of blockchain-based identities and the “Universal Profiles.” Hernandez said that in the near future, “everything will have a digital identity.”
But here the question arises what types of frameworks exist that will aid in governing these digital identities?
Hernandez talked about the paradigm shift from centralized platforms to a more “platform-less future” in the interview. She emphasizes that on a more “neutral platform,” where people can own their intellectual property through the “Universal Profiles,” users must be in charge of their identities and creations.
She also said that the Universal Profile can be thought of as a personal operating system (OS) where one can transfer, receive, and create assets in addition to authenticating themselves. As a “Swiss Army type tool that is serving so many roles for the user,” she describes Universal Profile.
The inclusion of Universal Profiles in Lukso, however, enables users and creators to reclaim their identities and issues IP in a mutually beneficial way.
She implied that although some view the digital age as a means of disguising one’s genuine identity, she believes that because it is a “decentralized digital world,” individuals will feel more free to express their “true real selves” and “go beyond these predispositions.”
According to Hernandez’s argument, the blockchain-based identification is not only verifiable but also gives people complete control over their data, identity, and intellectual property.
