Meeting Schedule
- Bi-Weekly at 8:00-9:00 am PST / 11:00-12:00 am EDT / 15:00 – 16:00 UTC / 17:00 - 18:00 CET
- https://zoom.us/j/95389236256?pwd=RFErMm9SS0tBenA1Q0dSYlpXK3Bqdz09
...
- Steve Magennis
- Carly
- P Subrahmanyam
- Eric Drury
- Erran Carmel
- Sid Haniff
- Tobias Halloran
- Jorge Flores
- Kyle Robinson
- Phil Wolff Phil Wolff
- Sankarshansankarshan
- Scott Perry
- Steven Milstein
- Trinh Nguyen
- Vikas Malhotra
- Vlad Vladimir Zubenko
Agenda Items
- Welcome & Introductions
- EFWG Community Topics
- Presentation - cheqd, Tobias Halloran
- Q&A
...
- 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
Q&A
- Notes
Admin Reminder : remember to re-subscribe to new meeting calendar
...