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New Members:
5 min
Review of action items from the previous meeting
Chairs
Scott Perry - Will solicit interest in creating a Verifier Requirements Guide
Judith Fleenor Follow-up on how to solicit feedback from the marketplace
How is Spec-up going to fit into the average members' workflow, or do we continue with Google Docs
Can we get Issuer Requirements Guide feedback from market Issuers'? Same for other docs in draft state and solicit feedback
5 min
Announcements
TF Leads
News or events of interest to Governance Stack WG members:
Deep background in systems integration, particularly in the global labour market
Data interoperability and portability are barriers
Problem to Solve: verifiable credential consolidation
Private players are monopolies which raise privacy concerns
Public players do not have the infrastructure
Developed decentralized infrastructure of HR/ED tech companies, gov and industry associations, achieving unanimous consensus on exchange protocol.
Using blockchain to deliver a public infrastructure of proof of qualifications
Credentials stored on individuals' wallets
Mainnet has 1M individuals who downloaded & launched a wallet
Network nodes and tokens are part of the governance
Token marketplace (10 protected from crypto speculators because people can't buy tokens - they are exchanged for participation in the network - like vouchers with an expiry date
Scott: What are the rules for becoming new participants, accredited nodes, and money exchange?
Membership:
Anyone can be a member can be.
To participate, they need tokens
Network:
Accreditation programs
Data interoperability across labor market (2)
Each layer has a governing board of directors
What needs to be trusted (3)
Notarization: Third-party verification
Governing boards can vote on revocation
Relying Parties check Revocation Registries because you cannot revoke something in someone's wallet.