Enterprise Business Models Leveraging Self-Sovereign Identity: Towards a User-Empowering Me2X Economy

Abstract

The Self-Sovereign Identity (SSI) paradigm aims to transition online identity silos exhibiting privacy issues to user-controlled sharing mechanisms. While various governments back and promote its development, business models often play a subordinate role in these efforts. Building on academic literature and practical projects, our study addresses this and contributes a taxonomy of business enabled by SSI with 12 dimensions, 9 sub-dimensions, and 51 characteristics.