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Meeting Schedule

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  • How cheqd's partnership network supports application developers - Tobias Halloran
  • This presentation is not about a technical focus on standards and interoperability. It is about cheqd partnership ecosystem to build out trust ecosystems
  • There are no current live use cases on cheqd
  • Cheqd - a tokenized network for SSI
  • leverage partnerships to help with the cold start problem (nobody goes to a party when the room is empty)
  • SSI is being adopted globally - but the cold start problem - how do you scale a the fit after you've got a product
  • This is a general problem of startups
  • Having a great technological solution typically isn't enough - it isn't enough for customers to move away from POC to move into live production and scaling properly
  • Lack of commercial models are constraining SSI group
  • Observed recurring problems - clients are asking what the commercial model is, firms building dedicatedprivate networks, projects stuck in pilot mode
  • cold start problem - lack of network effects - which is why most new networks and start-ups fail
  • web2 solution - participants co-create value for the platform (like Airbnb) - governance and intrinsic value of the company is centralized (in Airbnb in this example)
  • This is a feature of some of the most valuable companies
  • web2 network effects - they took a sparse network and put themselves as the enabler of the entire network
  • cheqd - incentivize participants to co-create value as part of network infrastructure and governance
  • Do this through a variety of mechanisms
  • Members are invited to participate in governance
  • Business on this model of network will be shared (unlike the Airbnb model where the network value accrues just in Airbnb)
  • Core value utility of cheqd - a payment rail for SSI
  • Incentivizing organizations with data silos to release that data to individuals and join SSI. This benefits everyone in the SSI ecosystem
  • Goal is not to be a payment siloed network
  • Cheqd is a tokenized network that means they can offer incentives to encourage other infrastructure members to invite other external members to join and contribute
  • Multiple ways members in the network can be incentivized including as consultants, system integrator, node operators etc."Consortia" - ecosystem members that organize within the network amongst themselves, perhaps with
  • This is a work in progress, in development

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