An Architecture for Universally Interoperable Open Source Wallets

Explore an architecture for universally interoperable open source wallets in this 47-minute conference talk by Wenjing Chu from Futurewei Technologies, Inc. Delve into the vision of creating secure digital wallets that can store money, IDs, credentials, and various digital assets across different vendors and industries. Learn about the potential financial and social benefits of achieving universal interoperability over the Internet and web. Discover how an Internet-inspired architecture and open source solutions can make this vision a reality. Examine prominent open source implementations and community specifications, including DIDcommv2, KERI, DWP/Web5 (TBDex), libp2p, Indy/Aries, and OpenID/FIDO as case studies for interoperability. Gain insights into the challenges and improvements needed in areas such as decentralization, KYC processes, and industry adoption. Understand key takeaways and explore deeper topics like centralized vs. decentralized systems, EU ID initiatives, iCloud backup, and delayed lockup mechanisms.

Intro
Agenda
General Purpose
Crypto Wallets
General Purpose Wallets
Summary
Open Wallet Foundation
Examples
Universal Interoperability
The Internet Principle
The Problem
The Solution
Autonomous Data
Trust Banning Protocol
Proposal Summary
Implementation Examples
Problems
Improvements
Decentralization
KYC
Autonomic
Industry
Key takeaways
Dig down deeper
Centralized or decentralized
EU ID
iCloud Backup
Delayed Lockup
European Union