The Social Wallet

The Social Wallet project, aligned with the Trustchain initiative, aims to address digital inclusion for marginalized communities. Prior to its launch in Weert, the project focused on strategic development, prioritizing user-friendly design and robust privacy and security measures. Engaging with stakeholders, including local authorities and potential users, was key to ensure the platform’s relevance. The project’s objective is to empower vulnerable individuals through digital tools and access to essential services, employing privacy-preserving technology for data security. The upcoming launch in Weert is pivotal for real-world application and assessment. Post-launch, plans include scaling, enhancing user experience, and developing sustainable models. The project’s alignment with Trustchain’s objectives encompasses empowering citizens, safeguarding data privacy, and fostering digital inclusion and sustainability.

Motivation for the project: The Social Wallet project is essential for our digital-first world. It supports vulnerable communities by providing easy access to benefits, fostering digital skills, ensuring privacy, efficiency, and cost savings, incentivizing suppliers, and promoting sustainability. It empowers marginalized groups, bridges the digital divide, and creates an inclusive society.
Generic use case description: Easy-to-use app for vulnerable groups in a digital-first world. Provides benefits, privacy, and digital skill development. Incentivizes authorities, sponsors, and suppliers. Green hosting and blockchain. Collaboration with municipalities. Bridging the digital divide globally.
Essential functionalities: Easy-to-use app for receiving benefits (in tokens) exchangeable for goods/services. Privacy-preserving info requests for onboarding users. Authorities or sponsors issue benefits. Users pay via mobile app. Suppliers receive immediate settlement.
How these functionalities can be integrated within the software ecosystem: These functionalities can be integrated within the software ecosystem by developing a modular solution with a Management Platform (MP) for digital identity management, APIs for issuing and transacting with tokens and verifiable credentials, consumer and provider mobile applications, and functions for delegation. The ecosystem will leverage privacy-preserving SSI-technology and utilize green ISPs and (d)POS EVM blockchains for efficient and secure operations.
Gap being addressed: The gap being addressed is the risk of certain vulnerable groups being left behind in the digital-first world. These include individuals with weaker socio-economic backgrounds, vulnerable personal circumstances, and marginalized populations. The Social Wallet project aims to bridge this gap by providing an easy-to-use application that offers benefits, fosters digital skills, ensures privacy, and enables efficient collaboration between authorities, sponsors, and suppliers.
Expected benefits achieved with the novel technology building blocks: The Social Wallet project's key achievement lies in its innovative use of identity technology to streamline and secure the distribution of social benefits through decentralized digital identities. By leveraging decentralized identifiers (DIDs) and verifiable credentials (VCs), the project has significantly enhanced privacy, security, and user control over personal data, marking a substantial improvement over traditional, centralized systems. Impact: • Improved Accessibility: Made social benefits more accessible and inclusive, especially for marginalized communities. • Increased Trust and Transparency: Fostered greater trust between entities and individuals, thanks to transparent and tamper-proof transactions. • Enhanced Security and Privacy: Ensured robust data protection, reducing the risk of fraud and unauthorized access. Potential Future Developments: • Scalability Enhancements: Further research and development to ensure the platform can accommodate a growing number of users and transactions without compromising performance. • Cross-Border Utility: Expansion of the platform's utility to enable cross-border recognition and exchange of verifiable credentials, broadening its applicability. • Integration with Public Services: Collaboration with government and non-profit organizations to extend the platform's capabilities to other public services, enhancing overall societal welfare. The TrustChain project not only represents a significant leap forward in the management and distribution of social benefits but also sets the stage for broader adoption and integration of decentralized digital identity technologies across various sectors.
Potential demonstration scenario: In the potential demonstration scenario, the Social Wallet platform is implemented in a municipality to support vulnerable communities. Users receive benefits through an easy-to-use application, gaining digital skills. Authorities and sponsors efficiently request and issue benefits, while suppliers benefit from increased sales and immediate financial settlement. The platform demonstrates improved inclusiveness, privacy, cost savings, and environmental sustainability, paving the way for scalability and adoption in other municipalities and programs.

Repositories:

GitHub: https://github.com/NGI-TRUSTCHAIN/TheSocialWallet

Currently open to the TrustChain community only. Reach out if you need access.

Following software code is developed and enhanced so far:

Web wallet and management platform: The backend platform allowing for management, verification and issuance of credentials
Edge wallet for citizens: Repository with the mobile edge wallet for citizens and vendors
SSI-SDK: Lower level SDK modules

A stable copy of the above projects is available in this repository. Be aware though that updates will only happen in the original repositories above.

Team

Sebastian Boender

CEO & Co-Founder

Maarten Boender

CBD & Co-Founder

Niels Klomp

CTO & Co-Founder

Maria Molenaar

UI/UX Designer

Bram Ten Cate

Senior Software Developer

The Social Wallet

Team

Entity

Sphereon International B.V.