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The purpose of this list is to help ToIP Ecosystem Solution Providers prioritize questions to ask themselves within their decisioning process of selecting a Utility.


CategoriesQuestion
1. Business Model / Sustainability
  • What is the cost of writing to the ledger?
  • What is the cost of running a node?
  • Do I have to run a node?
  • Is there financial incentive for me to run a node?
  • Is the business model of the utility platform viable?
2. Product Governance
  • What is the minimum count of nodes of my utility needed to be considered as decentralized and censorship resistant?
  • Do I want the utility I use to have permissioned of public write access?
  • Do I want my Utility to have public read access?
  • Do I want permissioned or public nodes?
  • Does my utility need to be an open source project?
  • Who has influence on the product roadmap?
  • Who can make changes to the product?
3. Legal Governance
  • Do I have a particular legal entity structure needed around my utility?
  • Is there a need for my utility to meet localized privacy regulations?


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Within the ToIP's Utility Foundry working group, we've been working alongside the community of utility project conveners to document their missions and requirements when forming their respective utility layers. Based on the initial research, here are 6 things you should know about utilities when pursuing a decentralize identity strategy for your business and respective ecosystems.

...

5. Do I need to consider data privacy laws (e.g., GDPR) in my decisioning?

  • Write about IDunion here and the rise of localized networks such as CanaCred.

6. Can I test a utility before committing to one?

  • Most established utilities have test networks that are free to use for testing and use case proofing
  • Write about Indicio and Sovrin here.