Verifiable Business License issuance process

The Decentralized Identifier and Verifiable business license is defined by policy. The identity Evidence required at each stage can be adjusted to administrative preferences and regulatory requirements.

Here is a standard process flow: (See diagram)

• DID-Registration for officers: DID controller policy defines what identity evidence is required for DID issuance:

  1. Standard Identity assurance: NIST 800-63 IAL 2 / IAL 3

     • Government pictographic issued ID with Selfie compare

     • Control of an AAL 2 authenticator (SimCard / SMS OOB-auth)

• Verifiable Business License (vBL) Application:

  1. Business officer present DID

  2. Business officer proves ownership of DID (Cryptographically)

  3. Business officer proves delegation authority from business owner (TrustGrid will provide a delegation service)