Time

Agenda Item

Lead

Notes

5 min

• Start recording

• Welcome & antitrust notice

• Introduction of new members

• Agenda review

Chairs

• Antitrust Policy Notice: Attendees are reminded to adhere to the meeting agenda and not participate in activities prohibited under antitrust and competition laws. Only members of ToIP who have signed the necessary agreements are permitted to participate in this activity beyond an observer role.

• New Members:

5 min

Review of action items from the previous meeting

Chairs

5 min

Announcements

TF Leads

News or events of interest to Governance Stack WG members:

• @Scott Perry : Status of Issuer Requirements Guide review

  • Submitted to Steering Committee for approval

  • Refining terminology and aligning ToIP Glossary Workspace

5 min

Task Force Updates

Chairs

• @Scott Perry : Status of Issuer Requirements Guide review

  • Submitted to Steering Committee for approval

  • Refining terminology and aligning ToIP Glossary Workspace

• @Drummond Reed : Update on ToIP Glossary, Governance Architecture Spec., Governance Metamodel Spec., Technology Architecture Spec. and 3rd gen. ToIP stack diagram.

  • Cross-specification reference links for any specification written with Spec-Up

• @Judith Fleenor (Deactivated)

  • Redo deliverables web page

  • Review comments have been made

  • Blog post to be published will solicit comments 

  • The problem is soliciting public feedback on GitHub

30 mins

Dror Gurevich, Founder & CEO of Velocity Networks Foundation, will discuss their governance process. https://www.velocitynetwork.foundation/learn

• 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.

      • Can also revoke Issuers' credentials

5 min

Any other business

5 min

• Review decisions/action items

• Planning for the next meeting