MyID Alliance?

MyID Alliance is a collaborative organization establishing a blockchain-based digital ID ecosystem putting “MyID” at the center, trying to resolve user inconveniences effectively.

MyID Alliance is a collaborative organization establishing a blockchain-based digital ID ecosystem putting “MyID” at the center, trying to resolve user inconveniences effectively.

MyID Alliance currently has 41 organizations and corporations in various industries such as commercial banks, security firms, e-commerce companies, and manufacturing companies. On top of the overall financial sector, many other industries including fintech, e-commerce, sharing economy, and health care will be subject to the expanding cooperative relationships, making pioneering use cases of blockchain technologies.

User-Centric

Resolve user inconveniences directly with real-world use cases.

Business-Focused

Efforts to expand to various industries and businesses based on the trust in the financial sectors.

Glocalization

Localization of business models based on MyID service in other countries, connecting IDs of each country and expanding the connection.

MyID Alliance has already finished the preparation for establishing the Digital ID Ecosystem.

Expansion of the DID ecosystem based on the trust in the financial sector

Securing the foundation for rapid spread and application to various sectors from the public sector to e-commerce, Internet, manufacturing, education, NGO, and global market with qualified technologies and trust especially in the financial sector including banking, security, and insurance.

Regulatory sandbox on finance Designating exceptional cases

MyID has become the only identification platform in Korea that can be used in the overall financial sector with the exceptional case designation by Financial Services Commission as a regulatory foundation for building trust in the financial sector.

Qualified DID technologies

ICONLOOP can run the business rapidly based on the technical edges such as the very first W3C Method Registry in terms of the DID in Korea, operating the first DID service in Korea, and high stability and convenience realized by the independent blockchain technologies.

Alliance Organization

Partners

Ecosystem Partner

Identity ISSUE institute partners based on MyID.

Growth Partner

Service institute partners utilizing identity verification based on MyID.

General Partner

Partners expanding the digital ID ecosystem based on MyID.

Global Partner

Partners supporting globalization of MyID business model.

Legal Partner

Legal advisory partners.

Advisory Committee

Hun-Jai Lee

Chairman of the Advisory

  • Chairman of Future Consensus Institute
  • (Former) Deputy Prime Minister of South Korea
  • (Former) (The first) Chairman, Financial Services Commission

Je-Yoon Shin

Advisory Member

  • President of Financial Education Council
  • (Former) Chairman, Financial Services Commission

Jong-Goo Lee

Advisory Member

  • Attorney (Admitted in New York and Washington D.C.) at KIM & CHANG
  • President of Self-Regulation Council, Korea blockchain association
  • (Former) Commissioner, Financial Services Commission

Jungwook Lim

Advisory Member

  • Managing Director of Startup Alliance Korea
  • (Former) CEO, Lycos Inc
  • (Former) Staff writer, Economy and Science, Chosun Ilbo (Chosun Daily)

Lee Gun Hee

Advisory Member

  • Professor at the College of Business Administration and MBA, Sogang University
  • (Former) Technical advisor, Financial Services Commission
  • (Former) Financial Supervisory Advisor and Administrative Guidance Council Member, Financial Supervisory Service

Executive Office

The executive office of MyID Alliance plays the following roles:

  • Membership management and Opinion coordination inside the alliance.
  • Coordination on MyID: Technical structure, Infrastructure, Security Structure, and Application on each member.
  • Operating and planning various programs and events.

Roadmap

  • 2019

    Q3, Q4

    • Alliance Partners’ Day (Nov 5th, 2019): MyID Alliance launching event
    • Advisory committee has been established (Hun-Jai Lee, former Deputy Prime Minister of Finance and Economy, is designated to be the chairman of the committee).
    • Launching the closed beta version of the first commercialized service based on MyID
  • 2020

    Q1, Q2

    • Launching the 1st commercialized service based on MyID
    • Establishing the 1st PoC cases in Korea
    • Hosting the 1st workshop with partners
    • Securing 50 MyID Alliance partners

    Q3, Q4

    • Finalizing the 1st PoC cases in Korea and introducing Business models
    • Establishing the 1st PoC cases in the global market
    • Securing 100 MyID Alliance partners
    • Hosting the 1st DID International Conference and the 2nd workshop with partners
  • 2021

    Q1, Q2

    • Reaching 1 million users of the 1st commercialized service based on MyID
    • Establishing the 2nd PoC cases in Korea
    • Finalizing the 1st PoC cases in the global market and introducing Business models
    • Hosting the 3rd workshop with partners

    Q3, Q4

    • Launching the 2nd commercialized service based on MyID
    • Finalizing the 2nd PoC cases in Korea and introducing Business models
    • Hosting the 2nd DID International Conference and the 4th workshop with partners

Registration

  1. Fill out an Application Form icon

    Fill out an Application Form

  2. Review and Approve icon

    Review and Approve
    (1 time / week)

  3. Information on approval status icon

    Information on Approval Status
    (Additional Submission)

  4. Sign-up Complete icon

    Sign-up Complete

Membership Benefits

  • Participating in the MyID Alliance activities and Advisory Committee
  • Participating in all events hosted by the MyID Alliance
  • Utilizing MyID/DID technical trend information provided by the MyID Alliance
  • Business partnership for utilizing MyID service