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- How cheqd's partnership network supports application developers - Tobias Halloran
- This presentation is not about a technical focus on standards and interoperability. It is about cheqd partnership ecosystem to build out trust ecosystems
- There are no current live use cases on cheqd
- Cheqd - a tokenized network for SSI
- leverage partnerships to help with the cold start problem (nobody goes to a party when the room is empty)
- SSI is being adopted globally - but the cold start problem - how do you scale a the fit after you've got a product
- This is a general problem of startups
- Having a great technological solution typically isn't enough - it isn't enough for customers to move away from POC to move into live production and scaling properly
- Lack of commercial models are constraining SSI group
- Observed recurring problems - clients are asking what the commercial model is, firms building dedicatedprivate networks, projects stuck in pilot mode
- cold start problem - lack of network effects - which is why most new networks and start-ups fail
- web2 solution - participants co-create value for the platform (like Airbnb) - governance and intrinsic value of the company is centralized (in Airbnb in this example)
- This is a feature of some of the most valuable companies
- web2 network effects - they took a sparse network and put themselves as the enabler of the entire network
- cheqd - incentivize participants to co-create value as part of network infrastructure and governance
- Do this through a variety of mechanisms
- Members are invited to participate in governance
- Business on this model of network will be shared (unlike the Airbnb model where the network value accrues just in Airbnb)
- Core value utility of cheqd - a payment rail for SSI
- Incentivizing organizations with data silos to release that data to individuals and join SSI. This benefits everyone in the SSI ecosystem
- Goal is not to be a payment siloed network
- Cheqd is a tokenized network that means they can offer incentives to encourage other infrastructure members to invite other external members to join and contribute
- Multiple ways members in the network can be incentivized including as consultants, system integrator, node operators etc."Consortia" - ecosystem members that organize within the network amongst themselves, perhaps with .
- This is a work in progress, in development
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