Story image

Spark named as self-sovereign identity steward

29 Nov 2018

Spark New Zealand has become a Founding Steward of the Sovrin Network, which is enabling the development of self-sovereign identity (SSI) on the internet.

The Sovrin commitment is the first initiative arising from last week’s announcement that Spark is forming a new subsidiary business entity, led by Dr Claire Barber, to focus on long-term, large-scale new business opportunities arising from a range of emerging technologies.

Spark is the first organisation in New Zealand or Australia, and one of only three telecommunications-based companies globally, to become a Sovrin Steward.

More than 50 organisations worldwide, covering a wide range of industry sectors, have joined as Stewards to date.

Organisations developing applications that run on the Sovrin Network aim to transform the current approach to online identity - with a range of potential benefits including lowering transaction costs, facilitating privacy by enabling individuals to have greater control their own personal information, limiting opportunity for cybercrime, and simplifying identity challenges in fields as varied as healthcare, banking, IoT and voter fraud.

In its formative stages as a global public utility, the Sovrin Network (sovrin.org) will use the power of a distributed ledger.

“Self-sovereign identity is the next chapter of the internet, the one where we - the characters in this story - get to control our digital identities,” says Sovrin Foundation executive director Heather C. Dahl.

“Spark’s active involvement and support as a Founding Steward means we are extending the Sovrin Network to New Zealand, bringing us a step further toward transforming the way we use the internet into a place where identities and transactions are verifiable and trustworthy, and the full potential of digital commerce and services can be unleashed.”

The Sovrin ledger is operated by Stewards, trusted organisations within the ecosystem who have agreed to abide by the requirements in the Sovrin Trust Framework and are responsible for operating the ‘nodes’ (computer network servers) that maintain the ledger.

Stewards also, as a group, accept or reject any changes to the ledger-specific portions of the Sovrin open source code.

The Trust Framework is administered by the Sovrin Foundation, a nonprofit organisation based in Utah, United States.

As part of its commitment as a Sovrin Steward, Spark has built its own distributed ledger node that will be switched on later this week and connected live to the Sovrin Network.

“Spark’s purpose is to help all of New Zealand win big in a digital world – and establishing better, more secure ways for New Zealanders to have trust when undertaking transactions or sharing information online is absolutely critical to that purpose,” says Barber.

“We’re delighted that Spark has been accepted to play an anchor role in the Sovrin Network, helping create the infrastructure, systems and protocols that will underpin a more trusted internet. The Sovrin Network represents the next important evolution for internet usage – broadly paralleling the role that organisations like universities played in the early development of the internet through the establishment and operation of important mechanisms like the Domain Name System (DNS).”

Chillisoft rounds out portfolio with file integrity vendor
Tripwire is the fourth vendor for Chillisoft in six months, adding critical security controls, vulnerability management and file integrity monitoring.
ESET researchers break down latest arsenal of the infamous Sednit group
At the end of August 2018, the Sednit group launched a spear-phishing email campaign, in which it distributed shortened URLs that delivered first-stage Zebrocy components.
Google 'will do better' after G Suite passwords exposed since 2005
Fourteen years is a long time for sensitive information like usernames and passwords to be sitting ducks, unencrypted and at risk of theft and corruption.
Who's watching you? 
With privacy an increasing concern amongst the public, users should be more aware than ever of what personal data companies hold.
Fake apps on Google Play scamming users out of cryptocurrency
Fake cryptocurrency apps on Google Play have been discovered to be phishing and scamming users out of cryptocurrency, according to a new report from ESET.
Optic Security Group celebrates Axis accolade
Auckland-based business security systems provider Fortlock has picked up an award at Axis Communications’ annual Oceania Axis Partner Summit 2019.
Managing data to comply with privacy regulations - Micro Focus
It’s crucial for organisations to be able to access, understand, and accurately classify the data they have so they know how to treat it.
Hackbusters! Reviewing 90 days of cybersecurity incident response cases
While there are occasionally very advanced new threats, these are massively outnumbered by common-or-garden email fraud, ransomware attacks and well-worn old exploits.