Nymidy is a research and advocacy project managed by Ipseita Limited. We believe that the broad adoption of a flexible, resilient, self-sovereign, identity protocol will accelerate the diffusion of digital. As the digital age accelerates, and processes become more automated, identity, and how we assert, control and secure our identity, will become of critical importance. The ability to assert our identity without interference or coercion is a human right, an asset to prized at the very highest level. Identity connects intimately with privacy, reputation and trust, and provides the foundations of greatly improved legal and commercial systems.
We think this ability to assert our identity is too important to be left in the hands of any centralised organisation. Thus, the solution must be self-sovereign, and the platform infrastructure that supports a self-sovereign identity needs to run autonomously and be censor-proof, open-access, and run at a global scale, much like Bitcoin – but with the security, capacity and performance to support the privately-owned big data generated by at least 12 billion people.
Nymidy is the vital core of our thinking and motivation, it is our stretch goal. It is an audacious goal that aims to put individuality back into the hands of the individual through a unique approach to self-sovereign identity — for all the world’s citizens. Nymidy is a combination of trustless decentralised networking solutions, data science, big data, cryptography and automated market-making that provides the solution.
The Nymidy protocol and solution is on the edge of being technologically feasible. The project is currently in a research and advocacy phase, however it continues to inspire new technology thinking and create innovations for Ipseita and its partners.