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Description
The Internet has undoubtedly created great opportunities for consumers. With the digitalization wave breaking, Single Sign-On services emerged that satisfy the desire for seamless online journeys and provide users with their digital identities. On a global scale, oligopoly structures evolved where "tech giants" primarily manage digital identities and personal data. Conversely, recent developments stemmed from the desire for data privacy, digital sovereignty, and self-determination, both from the user perspective and legislature. In line with recent discussions, this study focuses on Self-Sovereign Identity, a new paradigm that promises independence from intermediary identity providers. We follow an appeal for further research on business aspects and strategic alliances and adopt an exploratory research approach with semi-structured interviews. We identify cooperatives as suitable to govern Self-Sovereign Identity Ecosystems, shape their business model along Al-Debei and Avison’s V4 Business Model dimensions, and outline paths for future inquiries.
Recommended Citation
Kölbel, Tobias; Gawlitza, Tobias; and Weinhardt, Christof, "Shaping Governance in Self-Sovereign Identity Ecosystems: Towards a Cooperative Business Model" (2022). Wirtschaftsinformatik 2022 Proceedings. 18.
https://aisel.aisnet.org/wi2022/it_for_development/it_for_development/18
Shaping Governance in Self-Sovereign Identity Ecosystems: Towards a Cooperative Business Model
The Internet has undoubtedly created great opportunities for consumers. With the digitalization wave breaking, Single Sign-On services emerged that satisfy the desire for seamless online journeys and provide users with their digital identities. On a global scale, oligopoly structures evolved where "tech giants" primarily manage digital identities and personal data. Conversely, recent developments stemmed from the desire for data privacy, digital sovereignty, and self-determination, both from the user perspective and legislature. In line with recent discussions, this study focuses on Self-Sovereign Identity, a new paradigm that promises independence from intermediary identity providers. We follow an appeal for further research on business aspects and strategic alliances and adopt an exploratory research approach with semi-structured interviews. We identify cooperatives as suitable to govern Self-Sovereign Identity Ecosystems, shape their business model along Al-Debei and Avison’s V4 Business Model dimensions, and outline paths for future inquiries.