Please describe your proposed solution.
Summary
DLT360’s overall mission is to drive real-world blockchain adoption in business and industry. Practical experience has shown, that Decentralized Digital Identity solutions based on the latest technologies and regulations (including Self-Sovereign Identity solutions) are major prerequisites and door-openers for commercial applications.
The outcome of this project - a comprehensive SSI Application Catalogue on the DLT360 Website, a detailed Implementation Yellow Paper, and a Business Development Presentation with Video and focused communication material – will be used for:
- PR / Communication (mainly over YouTube and LinkedIn)
- Training and knowledge sharing (DLT360 Community and Catalyst Community)
- Professional consulting services for generating real-world application projects based on CARDANO and Atala PRISM
- The resulting material will also be integrated into the DLT360 NAVIGATOR (Knowledge Management Tool), the DLT360 Risk & Opportunity Radar and the DLT360 NEWS RADAR (see LINK for our related Fund 10 project).
The graphic below shows the positioning of this project in the overall DLT360 approach (The DLT360 Business Ladder: From Aggregating News, over Knowledge Management to Consulting):
Rationale
From a risk-management perspective, businesses and industries will only invest in digital identity and blockchain solutions, if there is
a) Easy-to-understand business value,
b) Substantial reduction of pain points and/or risks
c) Undoubted compliance with major regulations.
This is why this project is an important building block in our Digital Identity & SSI business development journey. Benefiting from the results of our other Fund 10 proposal (‘DLT360: Impact of the new EU Digital Identity Framework on Private Sector SSI Applications’ see Link), this project will focus on:
- Analysis of (priority-ranked) SSI business opportunities
- Creation of a specific SSI Applications & Partners Catalogue
- Establishing comprehensive material for communication, training and business development
The output of this project will represent a strong USP for DLT360, benefitting CARDANO and Atala PRISM.
Strategy
The unique knowledge and the material established by this project will be used to support our overall DLT360 mission and will be the basis for
- Active PR and communication for creating attention and interest for EU-compliant Decentralized Digital Identity/SSI solutions (mainly handled on YouTube and LinkedIn)
- Knowledge management and training provided by the DLT360 NAVIGATOR and by the DLT360 NEWS RADAR.
- Dedicated seminars and business-development workshops for getting from interest to desire and action, thus providing the basis for active scaling of application projects in business and industry
Impact
This project is expected to show a substantial impact on the work of DLT360 as well as on the scaling of (CARDANO and Atala PRISM-based) applications in business and industry. We expect the following major impact areas:
- Growing expert relationships
- Growing awareness about CARDANO and Atala PRISM in business and industry
- Increase community knowledge and engagement
- Scaling commercial activities and the number of application projects
Find more details in the next following sections.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
This project will bring the following significant benefits to Atala PRISM and the Cardano ecosystem:
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Grow expert relationships: Create close relationships with leading players in the SSI creator and developer community as well as in the community of potential customers in business and industry
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Grow awareness about CARDANO and Atala PRISM: The resulting material will be used in active PR/Communication (mainly on YouTube and LinkedIn) and will help us to position CARDANO and Atala PRISM as value-adding application suite for future-proof business and industry applications
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Specify promising opportunities: This project will identify promising opportunities for business and industry applications in proximity to the solutions provided by the EU
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Increase community knowledge and engagement: We will use the material for community activities in the context of the emerging DLT360 NEWS RADAR (see LINK to our NEWS RADAR-related Fund 10 project)
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Basis for effective customer acquisition: The results of this project will be used in DLT360 seminars and workshops. These workshops will use the unique knowledge and material for ideating, initiating and scaling real-world applications in business and industry
How do you intend to measure the success of your project?
This project is part of the overall activities of DLT360. Nevertheless, we can identify a number of specific metrics, KPIs and qualitative factors for evaluating the mid-and long-term rate of success of this project.
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Number of expert relationships: This is a general success criterion of DLT360, which this project shares with most of our other projects. This KPI is part of the overall DLT360 scorecard. We will nevertheless try to measure the new relationships generated specifically by this project.
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Reputation of DLT360, CARDANO and Atala PRISM within our target groups: We plan to do annual surveys within our target customer area in business and industry for providing us with feedback about the progress in our PR and communication efforts
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Number of identified application opportunities: This project will provide us with specific application opportunities in business and industry. This number will be tracked
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Number of community activities and the number of participants: Based in the material generated by this project, we will offer dedicated community activities (DLT360 NEWS RADAR sessions, trainings and after-townhall breakout rooms). The number and the success of these activities will be tracked
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Number of seminars and seminar participants: The material generated by this project will be used in dedicated business development seminars. We will track this number of future activities and participants in such future activities.
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Number of resulting application projects: This project will provide important material to drive Decentralized Digital Identity / SSI solutions in business and industry. We will track the resulting future success in this area.
Please describe your plans to share the outputs and results of your project?
This project is part of the overall DLT360 mission and business model. The outputs of this project will be of long-term use and will be systematically shared as follows:
<u>Publicly available (free of charge)</u>
We will produce the following openly available material:
- PRIMER (approx. 500 words)
- Short Presentation (approx. 5 slides)
- Short Video (approx. 3 minutes)
- SSI Application Catalogue with an emphasis on product/market-fit (on DLT360 Website)
This public material will also be used in DLT360’s PR and Communication activities and will be shared in the public sections of the
- DLT360 NAVIGATOR Knowledge Management Tool
- DLT360 Risk and Opportunity Radar
- DLT360 NEWS RADAR (see LINK to our related Fund10 project)
<u>Not publicly available</u>
DLT360 Community (free of charge for active community members, requiring signup to the DLT360 NAVIGATOR):
- Implementation Yellow Paper (approx. 10,000 words)
- Business Development Presentation (approx. 50 slides) and
- Business Development Video (approx. 30 minutes)
Commercial Clients (behind paywall)
Requiring commercial-clients subscription to the DLT360 NAVIGATOR for accessing
- Detailed Report, Business Development Presentation and Video (same as above)
- This material will also be used in DLT360’s future business development seminars