Latest opinions that Bo Harald has shared on Finextra

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Bo Harald

Chairman/Founding member, board member

Trust Infra for Real Time Economy Prgrm & MyData,

Member since

04 Nov 2008

Location

Helsinki Region

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Bo's opinions

This mess must be cleared

We are now moving fast to the Trust Infrastructure with EUDI-compliant general purpose automatically interoperable identitywallets for all parties - the data source, the data rights holder and for the service provider. This means that there will be the same interface for all. Obtaining and passing on verified credentials here can be likened to e-m...

29 November 2023 /retail /identity Innovation in Financial Services

SSI and FIDO - according to ChatGPT

FIDO (Fast Identity Online) and SSI (Self-Sovereign Identity) are two distinct but complementary concepts that can work together to enhance online identity management and authentication. FIDO (Fast Identity Online): FIDO is an open standard for passwordless authentication. It aims to reduce reliance on passwords by introducing stronger and more s...

28 November 2023

Connecting AI to the Trust Infrastructure - ChatGPT sees it

How could SSI support AI applications? Self-Sovereign Identity (SSI) can be immensely supportive for AI applications in various ways: 1. **Data Integrity and Authenticity**: SSI ensures that the data shared with AI systems is authentic and unaltered, which is crucial for AI models that rely on accurate data for training and decision-making. 2. *...

01 November 2023 /identity /predictions Innovation in Financial Services

Do not serve your customer!

The starting point in the data driven economy is now becoming: Do not serve your customer! Serve her life events! And this is precisely what especially elderly people - less apt as hunting down data from scattered sources in the public and private sectors - need now. I should perhaps write a book about the momentous thing happening in the data driv...

01 November 2023 /people /identity Innovation in Financial Services

The EUDIbased vision

In the near future: Service design will start from the citizen's and organisation's context at hand (life event). All parties have interoperable and general purpose wallet applications in devices of their own choice and get all data, service alternatives and goods needed to the context without need for technical integrations. Easily and megaclass...

04 September 2023 /retail /identity Innovation in Financial Services

Our sacred mission

Our sacred trust infrastructure mission the incoming autumn will be to: 1. Make it crystal clear to all organisations (especially the in the public and SMEsectors) and most citizens how immensely services at home and at work, productivity, risk management, privacy and the EU single market can be enhanced when all parties (and many things) will ge...

07 August 2023 /inclusion /identity Innovation in Financial Services

Finland's contribution in one picture.

Proud founder in 5,6, and 7. https://www.linkedin.com/posts/bo-harald-4768b51_this-long-ladder-has-many-rungs-and-means-activity-7244752389566545920-D8N-?utm_source=share&utm_medium=member_desktop

03 May 2023 /payments /retail Innovation in Financial Services

ChatGTP quite good at shortening my earlier post

Governments and enterprises will adopt a global trust infrastructure, resulting in citizens and organizations receiving general-purpose identity wallets that can obtain, deliver, and pass on verified data for a wide range of life events based on MyData.org principles. The architecture is outlined in trustoverip.org, and the trust layer in the ar

09 April 2023 /retail /identity Innovation in Financial Services

Proud of the Nordics - worried about the Single Market

I have been acting as an independent advisor for the Findyconsortium in Finland (now the public-private Findynet co-operative) since it started in 2018. It aims at implementing a trust infrastructure based on Self-Sovereign Identity and the Trust over IP architecture. Here all citizens, all organisations and many things will get general purpose fa...

03 March 2023 /retail /identity Innovation in Financial Services

Opportunities and Responsibilities for the Finance Sector in the Trust Infrastructure

1. Trust infrastructure As the benefits for building a global trust infrastructure are so massive (3-6% of GDP according to McKinsey), it is clear that governments will be strongly committed to drive the migration and that enterprises will start to see the enormous benefits they can achieve (as outlined in 5 major categories in Self-Sovereig...

26 January 2023 /payments /retail Digital Banking Trends

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