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GlobaliD 101: ID wallets

So far in the GlobaliD 101 series, we’ve explored:

Part 1: What a smart and humanistic approach to digital identity would like
Part 2: The Trust Triangle — the system of issuers, holders, and verifiers that illustrates how identity works (and how it’s broken, today)
Now, we’re getting to the exciting part. We know identity is broken. We also know what great digital identity that works for you, the individual, looks like.

But how do we get there?

The first step is to make digital identity incredibly convenient, fun, and useful for end users. These are the people who will go out and interact with their communities, purchase goods and services, and build businesses.

In the physical world, we rely on identifying documentation. That might be your driver’s license, your insurance card, or your passport. In our daily lives, we’ll keep the most commonly used forms of ID in our wallet.

In the digital future, things won’t look all that different. You’ll keep digital forms of relevant documents in your digital ID wallet.

It’s easy to understand the benefits of digitization:

It’s convenient. All your relevant documents are in one accessible place. The only thing you’ll need to keep in your actual wallet is cash. As the digital identity ecosystem develops, your interactions and transactions will become seamless.
It’s yours. This is your ID wallet. You own and control your identity and your data.
It’s secure. If you lose your wallet, it’s gone, and your information is out there. That’s not the case with a locked smartphone. Plus, you’ll have a backup. Another aspect is the ability to selectively share only relevant data. If you’re buying a bottle of wine, you don’t need to share your entire driver’s license. You don’t even need to share your actual date of birth. You only need to share the fact that you’re over 21 (for those in the U.S.).
Big Tech companies like Apple are already making progress on this front, piloting a program that allows users to keep their driver’s license in their Apple Wallet. The difference with Apple’s approach, of course, is that their solution isn’t portable or interoperable. In regular person terms, it just means that you’re stuck on Apple’s closed ecosystem — no surprise.

While progress is being made, these are still early days. Apple’s pilot, for instance, will be rolled out in a limited number of states.

All of which means that people are still sending photos of their driver’s license to their AirBnb host for identity verification.

That’s crazy insecure!

What if instead, you could securely and selectively share your ID with an expiring link? Your name and photo will be visible but other private details will be blurred out. Your Airbnb now believes you are who you say you are because they also trust the issuer of your digital credential. Likewise, you don’t have to worry that a copy of your full license is on a stranger’s phone forever. Everyone rests easy, and you enjoy the heck out of your vacation.

Need to provide a copy of your ID to an AirBNB host? Just send them a link to your driver’s license which you’ve stored in your ID wallet. You can make your name and photo visible, while everything else is blurred out. That way the host only sees what you want them to. You can also set a time limit for how long your ID is available. That way nobody has a copy of your license indefinitely.

The same applies across all your online interactions and transactions. No more taking photos of your ID for each new platform or service. No more digging through the safe for your passport. No more calling the customer support because you lost your insurance card.

Life is just easier with a digital ID wallet.

Venture into the digital future confidently
What’s even more exciting is where we go from here. With people using a trusted ID wallet, businesses (verifiers) can rethink how they manage identity and trust in the context of their customers, an effort that costs businesses $592 trillion per day.

The World Wide Web Consortium (w3c) also reached a major milestone this month around digital identifier (DID) standards, which will become a formal recommendation despite pushback from Big Tech. Just like the internet, open and interoperable protocols will allow any company or project to easily integrate these digital identity standards, paving the way toward mainstream adoption and far-reaching accessibility.

Since your digital identity is built on open standards, your identity will also be portable like your mobile phone number is today. Rather than being stuck with a certain provider or platform, you’ll be able to easily transfer your identity from one ID wallet to another. Software developers will compete for your patronage by developing the best possible products.

Imagine a world where you own your identity and your data rather than corporations or the government. You finally hold the keys to your own destiny. You share only what you need to in a secure and private fashion. Rather than logging onto your Facebook account, you log on as you.

And unlike your Facebook account, which isn’t all that credible, you’ll be able to do important things with your digital identity, such as remotely opening up a bank account. Since digital formats are far more flexible in the context of expressing trust and reputation, this will have a profound impact on financial inclusion for the billions of people who lack traditional identifying documentation.

In the future, we’ll see a convergence between our physical and digital identities with everything easily managed in one place. With one identity, you’ll be able to purchase celebratory drinks with your friends or hang out in the Metaverse.

It all starts with your ID wallet.

Follow us on Twitter, LinkedIn and YouTube to learn more about GlobaliD. You can also subscribe to the GlobaliD Insider to stay up-to-date regarding the latest company developments and more in the world of self-sovereign identity.

https://medium.com/global-id/globalid-101-id-wallets-68fa77e6d0d7

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Trump just posted this about chemtrails 👀

“The enthusiasm for experiments that would pump pollutants into the high atmosphere has set off alarm bells here at the TRUMP EPA.”

00:02:52
The future of crypto = access, trust, transparency.

@evernorthxrp gives institutional + public investors simple, regulated, liquid exposure to XRP – and we’re compounding that value.

Watch below to learn how. 🎥👇

OP: @Ashgoblue

00:01:32
Coinbase CEO Brian Armstrong on CNBC: Crypto Market Structure Bill is CLOSE to passing 👀
00:00:39
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading
Pyth 🤝 Hyperliquid

The HIP-3 Ecosystem Map:

Full report and projection of year one HIP-3 volumes dropping tomorrow on @MessariCrypto

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🚨JUST IN: POLYMARKET TO LAUNCH A TOKEN!

CMO Matthew Modabber confirms a native $POLY token and airdrop. Polymarket is eyeing a new funding round valuing it up to $15B.

⚡ BREAKING: GOOGLE’S WILLOW QUANTUM PROCESSOR COMPLETES 3.2 YEARS OF COMPUTATION IN JUST 2 HOURS, 13,000× FASTER THAN THE WORLD’S MOST POWERFUL SUPERCOMPUTER, SPARKING FRESH CONCERNS OVER BITCOIN’S ENCRYPTION SECURITY.

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New Human Force
Join this Now! YOU have what it takes!

They are in our solar system, and in our event-stream in this Eternal Now.

Officialdom is clueless.

They think we are going to be at WAR with the Aliens.

Officialdom is very stupid.

Aliens is here. It’s not WAR. It’s Contention.

There is a difference.

Officialdom is clueless, still living in the last Millennium.

Aliens is here.

The Field in which we contend is This Eternal Now.

ALL HUMANS LIVE HERE, and ONLY HERE, in this

ETERNAL NOW.

It’s a Field of potentials, of pending Manifestation, this continuous event-stream of karma in which we have always lived our body’s Life.

This Eternal Now has always been our body’s Field of Contention.

The Aliens is here, in our Eternal Now.

Our common, shared, reality that we all continuously co-create now has Aliens.

It’s getting very complex in here.

Officialdom is clueless. They see the Aliens. They are freaking out. They think you are children, when it is their small minds, trapped in a reality that is only grit, mud, and ‘random chance’ who are childish.

Officialdom is stupid. They will and are reacting badly. As is their way, they are trying to hide shit from you. Silly grit bound minds don’t realize you can see everything from within the Eternal Now. They have yet to grasp that what they perceive as this Matterium, filled with ‘matter’, is but a hardening of our previous (past) internal states of being.

WAR happens in the Matterium.

Contention occurs within this Eternal Now where Consciousness shapes the manifesting event-stream.

YOU know this to be fact. You are a co-creator.

Contention with Aliens is happening in this instant in this Eternal Now.

Officialdom ain’t doing shit. They are still stuck in trying to move matter around to affect unfolding circumstances. That’s redoing the mirror trying to affect the reflection. Dumb fucks….

It’s up to US. To the New Humans. Those of us who live in this Eternal Now. Those of us who see that our body’s Lives (the Chain that cannot be broken) are expressions of the Ontology revealing itself to itself. It’s up to us guys.

We are not an Army. That’s a concept from the past, from before the emergence of the New Humans. We are a Force. A self-organizing collective with leadership resident in each, and every participant.

We are the New Human Force. By the time officialdom starts to speak about the Aliens in near-factual terms, we will already be engaging them in this Eternal Now.

By the time officialdom begins to move matter around (space ships & such) thinking it’s War, we will already be suffering casualties in this Eternal Now. That part is inevitable. It’s how we learn.

By the time officialdom realizes that some shit is going on in places and ways beyond its conception, we will already be pushing our dominance onto our partners in this First Contention, the Aliens. Nage cannot train without Uke.

Just as officialdom is scrambling to research the Ontology, this Eternal Now, and the event-stream, we will be settling terms with our new partners, the Aliens.

Come, join with us. It’s going to be a hellacious Contention.

We ARE the NEW HUMANS!

Together we are the Force that cannot be defeated.

Start YOUR training in this instance of this Eternal NOW.

Consume Neville Goddard videos as though all of human existence depended on YOUR mind and YOUR active, effective, imaginings!

It’s not a question of Mind over Matter as there is only Mind and it cares not for Matter. That’s residue.

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

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🙏 Donations Accepted 🙏

If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
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🔗 Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
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