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  • Tuesday, January 28, 2025

    National DigiFoundry issues guide on Web3-based info sharing

    The National DigiFoundry Secure Information Sharing Workgroup unveiled its Industry Guide on Secure Information Sharing Using Web3 Technologies, a comprehensive roadmap aimed at revolutionizing secure communication across critical sectors such as finance, healthcare and technology. By leveraging decentralized Web3 technologies, the guide offers innovative, actionable solutions to address persistent challenges in secure information exchange, National DigiFoundry stated.

    “This guide isn’t just about emerging technology—it’s about reshaping how industries handle secure information sharing,” said Benjamin Diggles, chair of the National DigiFoundry Workgroup and co-founder of Constellation Network.

    The guide introduces a robust framework that integrates open standards with decentralized components like identity management, key management, storage, and messaging protocols. This architecture ensures secure, scalable, and encrypted communication systems, enabling organizations to address privacy and efficiency in both individual and group communications.

    Key use cases across industries

    The guide highlights several transformative applications of Web3 technologies:

    The framework also addresses critical challenges like data sovereignty, interoperability and scalability. “From enabling secure collaboration and communications to ensuring patient data confidentiality in healthcare, our guide lays the groundwork for innovation in critical domains,” Diggles noted.

    Driving decentralized innovation

    By focusing on decentralized architectures, the guide offers solutions to longstanding challenges in secure communication:

    Kevin Jackson, program lead for the National DigiFoundry, emphasized the organization’s broader mission. “This is one of many industry-focused workgroups within the National DigiFoundry," he said. "From climate change disaster response to financial product tokenization, we are truly at the center of emerging Web3 solutions.”

    Call to action

    The National DigiFoundry is urging technology leaders, developers and industry stakeholders to adopt the guide as a blueprint for navigating the complexities of Web3 adoption. By embracing these resources, organizations can build trusted, future-ready systems that enhance collaboration, efficiency, and security, the organization stated.

    The full Industry Guide on Secure Information Sharing Using Web3 Technologies is available here.

    The National DigiFoundry, initially funded by the National Science Foundation, is a member-funded decentralized autonomous organization fostering innovation in the digital asset ecosystem. Founding members include IBM, Microsoft, the University of Texas, and the U.S. Department of the Treasury. For more information, visit National DigiFoundry.

    Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.

    Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

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