{"id":1220,"date":"2023-03-13T19:10:24","date_gmt":"2023-03-13T19:10:24","guid":{"rendered":"https:\/\/ctlsites.uga.edu\/mist5720\/?p=1220"},"modified":"2023-03-13T19:11:59","modified_gmt":"2023-03-13T19:11:59","slug":"lets-get-this-party-started%f0%9f%aa%a9","status":"publish","type":"post","link":"https:\/\/ctlsites.uga.edu\/mist5720\/lets-get-this-party-started%f0%9f%aa%a9\/","title":{"rendered":"Let\u2019s Get this Party Started\ud83e\udea9"},"content":{"rendered":"\n<p class=\"has-text-align-center\">&nbsp;<img loading=\"lazy\" decoding=\"async\" width=\"383\" height=\"205\" src=\"https:\/\/ctlsites.uga.edu\/50eaf593-4bc8-4864-9bc7-cafb91f67f51\"><\/p>\n\n\n\n<p>Wonder how you can take ownership of your data into the Web3 future? Disco is your answer, it brings the party and the logistics for autonomously transferring your data to whoever you want, wherever you want, and whenever you want.&nbsp;<\/p>\n\n\n\n<p><strong>To explain the catalyst:&nbsp;<\/strong><\/p>\n\n\n\n<p>Web 3.0 was initiated to combat the extreme centralization we saw in Web 2.0 and combine it with the openness of Web 1.0. Web 1.0 was the introduction of static pages and URLs. As it modernized and became more user-friendly,  flexible space for user-generated content materialized. Web 2.0 can be linked to the likes of Facebook, Twitter, and Tumblr. Following the user-generated content initiation came comment on content features. As it goes, monetizing this network effect ensued; mining users\u2019 data and assigning value to each transaction or digital relevance crafts the web today.&nbsp;<\/p>\n\n\n\n<p>Web 3.0 is the return to a more approachable and user-directed web. It is the user-orchestrated platform that will take the power back from the \u201cman\u201d and actually return it to the men. A.K.A. extract the monopolizing power facilitated by Web 2.0 and decentralize personal data.&nbsp;<\/p>\n\n\n\n<p>The renowned Blockchain was created as a digital time-stamp for documents to facilitate safeguarded financial transactions during the economic crisis in 2009.&nbsp;<\/p>\n\n\n\n<p>Web 3.0 took this innovation and expanded its scope.&nbsp;<\/p>\n\n\n\n<p>In an effort to manage this re-decentralization of information and data, digital innovations have emerged. Namely &#8211; Disco &#8211; which as mentioned previously, brings the partyyyy.<\/p>\n\n\n\n<p><strong>Disco is broken down into 3 principles:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Interoperability<\/strong>: The idea that you can manipulate your \u201cchain\u201d in all facets and allow one to introduce a portability aspect to your credentials.&nbsp;<\/li>\n\n\n\n<li><strong>Privacy<\/strong>: You decide to whom you would like to share your information. PII \u201c(Personal Identifiable Information) data is never committed to public blockchains.\u201d<\/li>\n\n\n\n<li><strong>Autonomy<\/strong>: As a customer, you retain your ownership of your information. You maintain key ownership and no central authority can refute this entitlement.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>You are probably wondering\u2026 \u201cUm, well then who owns my data now? I thought this was a natural given.\u201d \u2026Nar.<\/p>\n\n\n\n<p>In the public web today, identifiable data is observed, controlled, and manipulated by \u201cincumbents\u201d, third-party companies. When you access the internet, in a sense, you are issuing a self-IPO. Every single aspect of your internet footprint is stored in data silos for companies to purchase. As a result, your web viewer page is \u201ccatered\u201d to you by companies trying to poach your attention and money.&nbsp;<\/p>\n\n\n\n<p>If this is off-putting to you, which I would expect for most, it would be\u2026 Disco offers the Disco Data Backpack. You can store and retrieve your personal information at the individual assertion, all through cryptographic proofs.&nbsp;<\/p>\n\n\n\n<p>\u201cIt\u2019s like going to a bar in the metaverse, and proving you are over 21, without having to show other aspects of your personal data like your address and DOB.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large wp-duotone-000000-ffffff-1\"><a href=\"https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.26.28-PM.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"584\" src=\"https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.26.28-PM-1024x584.png\" alt=\"\" class=\"wp-image-1224\" srcset=\"https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.26.28-PM-1024x584.png 1024w, https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.26.28-PM-300x171.png 300w, https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.26.28-PM-768x438.png 768w, https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.26.28-PM-1536x876.png 1536w, https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.26.28-PM-2048x1168.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><strong>Awesome! But, how is this done:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\">\n<li>Decentralized Identifiers (DIDs)&nbsp;<\/li>\n\n\n\n<li>It is an \u201calias\u201d of pre-existing addresses (email, IP, Bitcoin, Ethereum, etc.)<\/li>\n\n\n\n<li>It is self-generated and owned. For example, one could name theirs: \u201cdid: ndei39f3hw\u201d<\/li>\n\n\n\n<li>It is safeguarded through cryptography. Each wallet has an individual and unique DID, making it your own, the nontransferable key to any kingdom!<\/li>\n<\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Verifiable Credentials<\/li>\n\n\n\n<li>It is specially formatted data (JSON); digitized membership cards, IDs, account identifiers<\/li>\n\n\n\n<li><strong>\u201cSigned.<\/strong>&nbsp;In most cases, a verifiable credential is cryptographically signed by one DID about another DID. Because the credential is signed, it means nobody can tamper with it.\u201d<\/li>\n\n\n\n<li>There is metadata-aligned proof of the title.&nbsp;<\/li>\n\n\n\n<li>\u201cIs an open-source standard by the W3C Verifiable Credentials Data Model. It is a set of specifications and verifiable documentation that allow credentials to be verified and shared on the web.\u201d<\/li>\n<\/ul>\n\n\n\n<p><strong>Who are the players:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\">\n<li>Issuer: governing body, institutional entity, organization<\/li>\n\n\n\n<li>Recipient: you<\/li>\n\n\n\n<li>Verifier: a separate entity that validates credentials&nbsp;<\/li>\n<\/ol>\n\n\n\n<p>If you are feeling innovative (and froggy), sign up&nbsp;<a href=\"https:\/\/docs.disco.xyz\/getting-started\/setup\/\">here<\/a>.&nbsp;<\/p>\n\n\n\n<p><strong>Where is everything stored:<\/strong><\/p>\n\n\n\n<p>Disco currently uses the Ceramic&nbsp;network&nbsp;for storage. As it is in the Beta phase, it intends to layer storage elements with time.&nbsp;<\/p>\n\n\n\n<p><strong>Let\u2019s form our own opinion.&nbsp;<\/strong><\/p>\n\n\n\n<p>These off-chain credentials can very much be owned by an individual and distributed upon each use case as proven by crypto. When I was first exposed to this digital innovation through the podcast,&nbsp;<em>On the Other Side<\/em>, I was captivated by the fluidity in usage. For example, one could use the \u201cbackpack\u201d to get into concerts, optimizing the ID and ticket exchange. This would save time, and effort, and reduce loss. One other positive takeaway for me was that the iteration competition is popping; which means, this is a migration rather than a boom-bust bubble. Additionally, I really like the CEO\u2019s message behind its inauguration \u2013 repurposing a technical, unsexy innovation for social and more relevant usage. Although in the Beta stage, I think the transparency and mission behind the innovation seem invest-worthy.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/ctlsites.uga.edu\/a984ada6-2ac7-462b-88af-90240da31d6e\" alt=\"\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-media-text alignwide has-media-on-the-right is-stacked-on-mobile\"><div class=\"wp-block-media-text__content\">\n<p><strong>Here are the logistics:<\/strong><\/p>\n\n\n\n<p>HQ: NYC<\/p>\n\n\n\n<p>Founded: 2022<\/p>\n\n\n\n<p>CEO: Evin McMullen<\/p>\n\n\n\n<p>Employees: 19<\/p>\n\n\n\n<p>Investors: 6<\/p>\n\n\n\n<p>Latest Deal Amount: $9 million<\/p>\n<\/div><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"798\" height=\"542\" src=\"https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.15.16-PM.png\" alt=\"\" class=\"wp-image-1223 size-full\" srcset=\"https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.15.16-PM.png 798w, https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.15.16-PM-300x204.png 300w, https:\/\/ctlsites.uga.edu\/mist5720\/wp-content\/uploads\/sites\/1783\/2023\/03\/Screen-Shot-2023-03-13-at-2.15.16-PM-768x522.png 768w\" sizes=\"auto, (max-width: 798px) 100vw, 798px\" \/><\/figure><\/div>\n\n\n\n<p>Additionally, I\u2019ve provided a terminology toolkit, because this stuff is wackadoodle to comprehend.&nbsp;<\/p>\n\n\n\n<p><strong>Dictionary:&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Web 1.0 &#8211;&nbsp;used to describe the earliest form of the internet.<\/li>\n\n\n\n<li>Web 2.0 &#8211;&nbsp;refers to websites that emphasize user-generated content, ease of use, participatory culture, and interoperability for end users.<\/li>\n\n\n\n<li>Blockchain defined: Blockchain is a shared, immutable ledger that&nbsp;facilitates the process of recording transactions and tracking assets in a business network.<\/li>\n\n\n\n<li>Encryption: a way of scrambling data so that only authorized parties can understand the information.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Decentralized Identifiers (DIDs) &#8211; These are like aliases for our existing addresses (Ethereum address, email address, website, Bitcoin address, etc.) that make it easy to prove ownership and control over other identifiers.<\/li>\n\n\n\n<li>DID Method &#8211; There a number of different ways to create DIDs (over 100 in fact!) but because different types of identifiers (like Ethereum addresses or Bitcoin addresses) work slightly differently and are rooted in different system we need a set of rules about how to create and interact with DIDs made out of the different identifiers. A DID Method is simply those rules!<\/li>\n\n\n\n<li>DID Document (DDO) &#8211; DIDs need DID Documents. A DID Document is a file that lists the current state of the DID as well as other public keys and endpoints for how to interact with that DID. The DID Document is where the magic of DIDs really happens!<\/li>\n\n\n\n<li>DID Communication Protocol (DIDComm) &#8211; This is a protocol that allows two DIDs to open a secure channel between them and send messages back and forth.<\/li>\n\n\n\n<li>Relying Party &#8211; is an individual or organization who&nbsp;<em>relies<\/em>&nbsp;upon data presented in a Verifiable Credential to inform app logic, unlock access to certain privileges, or other form of access enabled by data verification.<\/li>\n<\/ul>\n\n\n\n<p><strong>Citations:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-disco wp-block-embed-disco\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"embedly-card\" data-card-controls=\"1\" data-card-align=\"center\" data-card-theme=\"light\"><h4><a href=\"https:\/\/www.disco.xyz\">Disco \u00b7 Bring all your selves<\/a><\/h4><p>Your digital identity should be private, portable and controlled by you. Just you.<\/p><\/blockquote><script async src=\"\/\/cdn.embedly.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-harvard-business-review wp-block-embed-harvard-business-review\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"embedly-card\" data-card-controls=\"1\" data-card-align=\"center\" data-card-theme=\"light\"><h4><a href=\"https:\/\/hbr.org\/2022\/05\/what-is-web3\">What Is Web3?<\/a><\/h4><p>Web3 is being touted as the future of the internet. The vision for this new, blockchain-based web includes cryptocurrencies, NFTs, DAOs, decentralized finance, and more. It offers a read\/write\/own version of the web, in which users have a financial stake in and more control over the web communities they belong to.<\/p><\/blockquote><script async src=\"\/\/cdn.embedly.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-apple-podcasts wp-block-embed-apple-podcasts\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"embedly-card\" data-card-controls=\"1\" data-card-align=\"center\" data-card-theme=\"light\"><h4><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-importance-of-data-ownership-with-evin-from-disco-xyz\/id1607683950?i=1000570526657\">\u200eWhat&#8217;s on the Block?: The Importance of Data Ownership with Evin from Disco.xyz on Apple Podcasts<\/a><\/h4><p>Evin McMullen, co-founder and CEO at Disco.xyz, talks about the importance of owning your own data in the world of Web3. Talking Points: Transparency of dataData PrivacyEvolution of data ownership in Web3 Evin McMullen Evin McMullen is a Boys Club and DAO Jones Member and Co-Founder and CEO of Dis&#8230;<\/p><\/blockquote><script async src=\"\/\/cdn.embedly.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-pitchbook wp-block-embed-pitchbook\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"embedly-card\" data-card-controls=\"1\" data-card-align=\"center\" data-card-theme=\"light\"><h4><a href=\"https:\/\/pitchbook.com\/profiles\/company\/496494-19#overview\">Disco.xyz Company Profile: Valuation &#038; Investors | PitchBook<\/a><\/h4><p>Information on valuation, funding, cap tables, investors, and executives for Disco.xyz. Use the PitchBook Platform to explore the full profile.<\/p><\/blockquote><script async src=\"\/\/cdn.embedly.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-the-defiant wp-block-embed-the-defiant\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"embedly-card\" data-card-controls=\"1\" data-card-align=\"center\" data-card-theme=\"light\"><h4><a href=\"https:\/\/thedefiant.io\/ethdenver-wallet-developments\">ETHDenver: Competition and New Ideas Spur Wallet Development &#8211; The Defiant<\/a><\/h4><p>As the crypto industry looks to expand the ecosystem beyond its current set of users, its focus is returning to an arguably neglected corner of the industry &#8211; wallets. Indeed, the 10,000-person-plus ETHDenver event last week was speckled with presentations about onboarding users with friction-minimized wallet experiences.<\/p><\/blockquote><script async src=\"\/\/cdn.embedly.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-apple-podcasts wp-block-embed-apple-podcasts\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"embedly-card\" data-card-controls=\"1\" data-card-align=\"center\" data-card-theme=\"light\"><h4><a href=\"https:\/\/itunes.apple.com\/WebObjects\/MZStore.woa\/wa\/viewPodcast?id=1607683950&#038;i=1000571230936\">\u200eWhat&#8217;s on the Block?: Data Ownership in the Metaverse with Evin from Disco.xyz on Apple Podcasts<\/a><\/h4><p>Evin McMullen, co-founder and CEO at Disco.xyz, talks about the future of data ownership in the metaverse. Talking Points: The pillars of data privacy Surveillance capitalism and how this relates to the next version of the MetaverseThe desire for online anonymity Evin McMullen: Evin McMullen is a&#8230;<\/p><\/blockquote><script async src=\"\/\/cdn.embedly.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-ibm wp-block-embed-ibm\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"embedly-card\" data-card-controls=\"1\" data-card-align=\"center\" data-card-theme=\"light\"><h4><a href=\"https:\/\/www.ibm.com\/topics\/blockchain\">What is Blockchain Technology &#8211; IBM Blockchain | IBM<\/a><\/h4><p>Learn the basics of blockchain technology to discover why businesses worldwide are adopting it. Your understanding of blockchain for business starts here.<\/p><\/blockquote><script async src=\"\/\/cdn.embedly.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-spotify wp-block-embed-spotify\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"embedly-card\" data-card-controls=\"1\" data-card-align=\"center\" data-card-theme=\"light\"><h4><a href=\"https:\/\/spotify.link\/rYbSv2ZM8xb\">No Title<\/a><\/h4><p>No Description<\/p><\/blockquote><script async src=\"\/\/cdn.embedly.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Wonder how you can take ownership of your data into the Web3 future? Disco is your answer, it brings the party and the logistics for autonomously transferring your data to whoever you want, wherever you want, and whenever you want.&nbsp; To explain the catalyst:&nbsp; Web 3.0 was initiated to combat the extreme centralization we&hellip; <a href=\"https:\/\/ctlsites.uga.edu\/mist5720\/lets-get-this-party-started%f0%9f%aa%a9\/\" class=\"read-more\" title=\"Let\u2019s Get this Party Started\ud83e\udea9\"><span>Continue reading <span class=\"screen-reader-text sr-only\">Let\u2019s Get this Party Started\ud83e\udea9<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/span><\/a><\/p>\n","protected":false},"author":4362,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1220","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/ctlsites.uga.edu\/mist5720\/wp-json\/wp\/v2\/posts\/1220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ctlsites.uga.edu\/mist5720\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ctlsites.uga.edu\/mist5720\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ctlsites.uga.edu\/mist5720\/wp-json\/wp\/v2\/users\/4362"}],"replies":[{"embeddable":true,"href":"https:\/\/ctlsites.uga.edu\/mist5720\/wp-json\/wp\/v2\/comments?post=1220"}],"version-history":[{"count":0,"href":"https:\/\/ctlsites.uga.edu\/mist5720\/wp-json\/wp\/v2\/posts\/1220\/revisions"}],"wp:attachment":[{"href":"https:\/\/ctlsites.uga.edu\/mist5720\/wp-json\/wp\/v2\/media?parent=1220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctlsites.uga.edu\/mist5720\/wp-json\/wp\/v2\/categories?post=1220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctlsites.uga.edu\/mist5720\/wp-json\/wp\/v2\/tags?post=1220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}