Abstract: A processor-implemented method facilitates identity exchange in a decentralized setting. A first system performs a pseudonymous handshake with a second system that has created an identity asset that identifies an entity. The second system has transmitted the identity asset to a third system, which is a set of peer computers that support a blockchain that securely maintains a ledger of the identity asset. The first system transmits a set of pseudonyms to the third system, where the set of pseudonyms comprises a first pseudonym that identifies the first system, a second pseudonym that identifies a user of the second system, and a third pseudonym that identifies the third system. The first system receives the identity asset from the third system, which securely ensures a validity of the identity asset as identified by the first pseudonym, the second pseudonym, and the third pseudonym.

Abstract: A processor-implemented method improves security in a blockchain network of devices by protecting security, privacy and ownership assurance of identity assets, where the blockchain network of devices supports a blockchain. An identity asset provider device establishes co-ownership of an identity asset for an identity asset provider and an entity. The identity asset provider device directs a first member of the blockchain network of devices to associate identities of the identity asset provider and the entity based on their co-ownership of the identity asset by using commitments between the identity asset provider and the entity and based on collaborative proof of ownership of the identity asset using zero knowledge proofs in the blockchain network of devices.

Abstract: A processor-implemented method improves security in a blockchain network of devices, which supports a blockchain, by protecting security, privacy, financial fairness, and secure transfer of identity assets. An identity asset provider device creates an identity asset related to an entity. The identity asset provider also creates a provider key, which is composed of multiple bits, and which is needed to decrypt an encrypted version of the identity asset. The identity asset provider device transmits the provider key bit-by-bit to an identity asset consumer device. A price for the provider key depends on how many bits have been transmitted to the identity asset consumer device.

Abstract: A processor-implemented method facilitates identity exchange in a decentralized setting. A first system performs a pseudonymous handshake with a second system that has created an identity asset that identifies an entity. The second system has transmitted the identity asset to a third system, which is a set of peer computers that support a blockchain that securely maintains a ledger of the identity asset. The first system transmits a set of pseudonyms to the third system, where the set of pseudonyms comprises a first pseudonym that identifies the first system, a second pseudonym that identifies a user of the second system, and a third pseudonym that identifies the third system. The first system receives the identity asset from the third system, which securely ensures a validity of the identity asset as identified by the first pseudonym, the second pseudonym, and the third pseudonym.

Abstract: A processor-implemented method improves security in a blockchain network of devices, which supports a blockchain, by protecting security, privacy, financial fairness, and secure transfer of identity assets. An identity asset provider device creates an identity asset related to an entity. The identity asset provider also creates a provider key, which is composed of multiple bits, and which is needed to decrypt an encrypted version of the identity asset. The identity asset provider device transmits the provider key bit-by-bit to an identity asset consumer device. A price for the provider key depends on how many bits have been transmitted to the identity asset consumer device.

Abstract: A processor-implemented method improves security in a blockchain network of devices by protecting security, privacy and ownership assurance of identity assets, where the blockchain network of devices supports a blockchain. An identity asset provider device establishes co-ownership of an identity asset for an identity asset provider and an entity. The identity asset provider device directs a first member of the blockchain network of devices to associate identities of the identity asset provider and the entity based on their co-ownership of the identity asset by using commitments between the identity asset provider and the entity and based on collaborative proof of ownership of the identity asset using zero knowledge proofs in the blockchain network of devices.