Human Identity Blockchain Initiative will integrate legally binding eIDAS compliant identity into the transaction signing process directly On the ONTOCHAIN blockchain users will onboard themselves by generating a private public key pair and then linking this key pair to their state-issued identity by completing an nfc-based authentication using their national identity card This process occurs using the european eIDAS standard and complies with standardized ontologies for identity Data from the identity verification can be stored for the exclusive use of the identity holder in a second layer self-sovereign identity implementation compliant with the core private public key infrastructure utilized
In parallel the client will create an encrypted sharded backup leveraging our Smart Distributed Key Recovery (SDKR) infrastructure This solves the holy grail of backup and recovery by leveraging a unique identifier generated by the eIDAS signing process to secure the user's private key