DIDs & Wyoming’s New Digital Records Law HB101

I’m headed to Wyoming on Wednesday where they passed a business records law
http://www.wyoleg.gov/2018/Introduced/HB0101.pdf — there is a meeting of
legislators, lawyers, regulators, and other interested parties, and they
are asking my advice on implementation & potential updates to the law.

In particular there is a new section defining shareholder that is
interesting: “the owner of a private key that is uniquely associated with a
network address that facilitates or records the sending and receiving of

The definition of network address is DID-like “means the string of
alphanumeric characters on one (1) or more distributed or other electronic
networks or databases that may only be accessed by knowledge or possession
of a private key in order to facilitate or record transactions on the
distributed or other electronic network or database;”

Network Signature is added as a new type of signature beyond that of
digital signature “a string of alphanumeric characters that when
broadcasted by a shareholder to the network address's corresponding
distributed or other electronic network or database provides reasonable
assurances to a corporation that the shareholder has knowledge or
possession of the private key uniquely associated with the network address;”

Lots of other interesting item in here relevant to DID futures in here.

If anyone sees any problems with this text, or opportunities, or ways to
future proof it (like proofs rather than signatures) let me know as it may
be possible for me to influence the future of it, and ultimately possibly
to other states laws on digital records.

— Christopher Allen

Received on Sunday, 20 May 2018 16:32:26 UTC