Blockchain Identity Management Paulo Figueiredo

Who am I Paulo Figueiredo – paulo.figueiredo@gmail.com Member of the team that created the first digital Bank in Portugal in 1999. Leads the IT, Operations, Retail and Marketing areas at board level. Strong brand : innovation, solid, profitable. Working on a PhD at IST, Lisbon. Management training at HBS, LSE, Insead.

Research Topic Blockchain for Identity Management Focus on regulated industries: core identity data well defined. Identity as a set of verifiable claims, cryptographically signed. Narrowing the Scope Banking as Use Case Challenges: AML / KYC / GDPR

Banking as a Use Case A private permissioned Blockchain using financial institutions as nodes for identity data Account Opening at a Bank is replaced by Register at Finantial Services. Decrease cost of account opening and maintenance. Increase competition at service level, to retain clients Increased resiliency of banking clients data against data breach Higher transparency to regulator.

Current work Prototype development starting MsC students working on the project under my supervision Hyperledger / Smart Contracts Open to look at other implementation alternatives