$ADA: IOG’s Head Of Product (Identity) Testifies Before California State Senate




Tony Rose, Head of Product (Identity) at Input Output Global (“IOG”), the firm behind the Cardano protocol, recently testified before the California Senate Governmental Organization Committee in support of bill SB 1190.

On March 29, Rose, who is also a board member of the Blockchain Advocacy Coalition and the founder and chairman of Proof Market Incorporated, testified before the California State Senate in support of Senate Majority Leader Senator Bob Hertzberg’s “trailblazing piece of legislation” to establish a California Trust Framework and pilot program. “To establish a California Trust Framework and pilot program,” says the bill.

Senator Hertzberg Said:

“And so what are we doing here today and moving this debate forward? This is aimed at one of the recommendations coming from the blockchain working group, and it deals with verified credentials. Verifiable credentials are part of our daily life… Verifying these credentials… is often a time-consuming paper-based process without adequate security.

“Electronic credentials are seen as too easily forged and unreliable. Blockchain-based credentials can help remove the friction that enables securing showing of online credentials, verified for proof under the individual’s control. So, this measure does two things.

“One, it creates the California Trust Framework to ensure the use of verifiable credentials to a standard recognized by both the public and private sector. It takes us down the road to the next step. It is time that California engages in this.

And then… it’s about high school students where they can use the blockchain to verify their high school records as they want to move on to use them for other purposes, college or the like, again trying to educate the next generation in that regard.“

More Into What Rose Had To Say On The Development

Thank you for letting me speak in support of SB 1190… What excites me most about this space is the ability to use technology in a way that unlocks the ability of individuals.

I know this technology can provide great benefits when in action. In my role as head of product at IOG, we are deploying a digital identity solution for five million high school students.

“In Ethiopia, we are partnered with the ministry of education in Ethiopia in order to create a system for students that would offer greater flexibility throughout their lives.

Starting this fall, we will enroll one million 11-th graders and over the next five years, we’ll develop that ecosystem. Starting with high school diplomas, expanding to higher education, and other career pathways and eventually financial services.

Conclusion

With this bill, California has an opportunity to lead a path for other states and countries to follow all while protecting the privacy rights of California.

Also Read: $1 Million Or Bust: Crypto Billionaire Brock Pierce Predicts The Future Of Bitcoin




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