vLEI Infrastructure Plans
The vLEI is an organisation Verifiable Credential following the W3C specification. It is delivered in an agnostic method able to support any of the existing and future self-sovereign identity (SSI) platforms, be they blockchain/distributed ledger based or otherwise.
It enables a cryptographic chain of trust for organisations and their representatives to securely assert their verified identities, roles and (in conjunction with Ubisecure CIAM platform) rights in digital, automated, identity assurance scenarios. Counterparties, or relying parties, will be able to consume the vLEI knowing that the information it contains has already been verified by an accredited LEI issuer like Ubisecure, and because it has already been verified, can trust it.
LEIs will be used for self-sovereign identity (SSI) and other technologies as verifiable credentials. SSI enables an individual or organization to choose with whom to share details about their identity and who is authorized to act on their behalf.
The vLEI infrastructure will be a network-of-networks, developed using the KERI (Key Event Receipt Infrastructure) protocol. It will support the full range of blockchain, self-sovereign identity and other decentralized key management platforms.
vLEIs will be hostable on both ledgers and cloud infrastructure supporting both the decentralization of ledgers plus the control and performance of cloud. Portability will enable GLEIF’s vLEI ecosystem to unify all ledger-based ecosystems that support the vLEI.
The vLEI ecosystem is in full accordance with ToIP (Trust over IP) standards.