TOP BITCOIN COMPANIES PROPOSE THE WINDHOVER PRINCIPLES – A NEW DIGITAL FRAMEWORK FOR DIGITAL IDENTITY, TRUST AND OPEN DATA

ID3, founded out of the MIT Media Lab, has teamed up with nearly two dozen leading digital currency firms to announce the Windhover Principles. ID3 is a research and educational nonprofit with a mission to develop a new social ecosystem of trusted digital institutions. The Windhover Principles constitute the next step forward in this direction and provide a new framework written by public and private stakeholders to ensure personal identity and data on the web.
The Windhover Principles for Digital Identity and Trust are deeply rooted in the belief that individuals should have control of their digital personal identities and personal data. Underlying this core value is the principle of ensuring innovation in trust and privacy.
Bitpay, Bitstamp, Ripple Labs, Swarm are just a few of the companies to come out in support of the new principles and framework. The Windhover Principle will not only give individuals more control over their personal data online but also for enhanced governance, auditing and enforcement.

This post was published at Crypto Coins News on October 20, 2014.