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Purpose

Definitions of Classes

All Internet transactions and Verifiable Credentials have different purposes.  Each purpose conveys an underlying set of authenticity and data integrity.

Class 1 – Untrusted

  • Attributes of Class:
    • Transactions that are not governed by any ecosystem
  • Examples of Transactions: Peer to Peer Communication
  • Examples of Verifiable Credentials
  • Governance Mechanisms
  • Underlying Infrastructure
  • Trust Assurance Practices
  • Mapped Level to other Standards:
    • NIST 800-63-3: IAL1, AAL1, FAL?
    • PCTF: Level 1


Class 2 – Minimum Internet Grade

  • Attributes of Class:
    • Minimum Level of Assurance Covered by ToIP Foundation Guidance
  • Examples of Transactions: Identity Credential Used for non-Asset Transfer
  • Examples of Verifiable Credentials
  • Governance Mechanisms
  • Underlying Infrastructure
  • Trust Assurance Practices
  • Mapped Level to other Standards:
    • NIST 800-63-3: IAL2, AAL2, FAL?
    • PCTF: Level 2
    • eIDAS: Simple

Class 3 – Asset Value Grade

  • Attributes of Class:
    • Identity Credential Used for Asset Transfer
  • Examples of Transactions: AML/CFT
  • Examples of Verifiable Credentials
  • Governance Mechanisms
  • Underlying Infrastructure
  • Trust Assurance Practices
  • Mapped Level to other Standards:
    • NIST 800-63-3: IAL2, AAL3, FAL?
    • PCTF Level 3
    • eIDAS: Qualified

Class 4 – Classified Grade

  • Attributes of Class:
  • Examples of Transactions:
  • Examples of Verifiable Credentials
  • Governance Mechanisms
  • Underlying Infrastructure
  • Trust Assurance Practices
  • Mapped Level to other Standards:
    • NIST 800-63-3: IAL3, AAL3, FAL?
    • PCTF Level 4
    • eIDAS: Qualified
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