P2P ID DEVELOPMENT & SCHEMA DEVELOPMENT
To develop and deliver a working schema of P2P ID verification. Study to be carried out in collaboration with a Govt ID issuing authority. We will also focus on other decentralized networks in the market to research the best network for ID verification and issuance.
THE DID FOUNDATION
In January 2018, DID will seperate from Torquesol UK Ltd and will form a foundation. The agenda of the foundation will be to protect people's IDs over a decentralized network.
NETWORK CALIBRATION REVIEW
While currently based on the Ethereum network, we are actively looking for a stateless Blockchain technology. We will review the available networks and come up with a proposal.
PARTNERSHIPS R&D, COMMERCIAL
The foundation will work with (a) Govt ID issuing authorities (b) Blockchain owners (c) Industry leaders to forge partnerships to take the DID manifesto forward. This includes studies, experiments, funding rounds and collaborations.
BOCA REVIEW UPDATE
As of Q3, 2017, we have given a proper definition to BOCA as a replacement of SSL over the blockchain. We will review and implement a BOCA-2 certificate encompassing industry and peer reviews. We will also issue the first batch of commercial BOCA certificate to organizattions.
BOCA SALE FIRST BATCH
The first batch of BOCA certificates will be sold to organizations. The operational team will work closely with corporates, Govt bodies to carefully select and decide on the first batch of BOCA certificates. These certificates will be based on BOCA-2 standard.
SOFTWARE UPDATE RELEASE CANDIDATE
We will finalize the technology and offer a release candidate of the software produced. In addition, developer APIs will be finalized and an Eco system running on a decentralized netowrk for ID verification and issuance will be completed.
By Q4, 2018, DID will earn out of (a) issuance of BOCA certificates (b) charging a percentage on DID transactions to stand on its own feet and to become a profitable, noble-caused organization.
As per DID's agenda, we will take our schema to the masses. We are Crypto-positive and will get DID's app and schema into people's hands. This includes, but is not limited to, issuing a Govt ID on the DID schema.
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