The Delphi Podcast Host and GP of Delphi Ventures Tom Shaughnessy sits down with Gregory Rocco and Wayne Chang, Co-founders of Spruce, an ecosystem of open source tools to enable user-controlled identity anywhere. In this episode, they discuss the importance of decentralized identities, how Sign-in With Ethereum works, the use-cases of cross-chain reputations, and much more.
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Show Notes:
(00:00:00) – Introduction.
(00:02:39) – Guests’ backgrounds.
(00:04:55) – The identity problem.
(00:07:04) – The goal of Spruce.
(00:09:26) – The effects of identities on DAOs.
(00:12:08) – Why NFTs are not sufficient forms of decentralized identities.
(00:15:08) – The issues with centralized logins.
(00:19:16) – Overview of Sign-in With Ethereum.
(00:26:28) – The data management process of Sign-in With Ethereum.
(00:27:56) – Target adopters for Sign-in With Ethereum.
(00:29:10) – Technical integration difficulties.
(00:31:04) – What ownership of your digital identity and data looks like.
(00:36:40) – The portability of identities.
(00:41:08) – The mechanics of cross-chain identities.
(00:46:20) – Poor identity standards.
(00:48:23) – Reputation identities for DAOs and DeFi.
(00:52:20) – Immutability of the data.
(00:54:32) – How the data is stored with Kepler.
(00:58:54) – SpruceID’s moat.
(01:01:14) – Final thoughts on decentralized identities.
(01:05:08) – How people can get involved with Spruce.
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Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Digital may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only
