Building Decentralized Identity with Oasis & Reclaim

Image

This space is hosted by OasisProtocol

Space Summary

The discussion centers around the intersection of Web 2.0 and Web 3.0 technologies, emphasizing the importance of data privacy and interoperability. Participants highlight the capabilities of the Reclaim protocol in advancing data protection and the potential of confidential smart contracts. The conversation also touches on the importance of developer tools and community involvement in driving the adoption of new technologies. Upcoming tech events are mentioned as key opportunities for learning and networking. Overall, there's a sense of optimism about the future of decentralized systems and the role of innovative privacy solutions in shaping that future.

Questions

Q: What is the Reclaim Protocol?
A: It's a system designed to enhance data privacy in digital interactions.

Q: How does Web 3.0 integrate with Web 2.0?
A: It utilizes tools to maintain data interoperability while introducing new smart contract functionalities.

Q: What are confidential smart contracts?
A: These are contracts that maintain the privacy of transaction details, even within public ledgers.

Q: Why is data interoperability important?
A: It allows different systems to work together seamlessly, fostering innovation and efficiency.

Q: How are developers responding to new privacy tools?
A: Many are incorporating these tools into their applications to enhance user privacy and data security.

Q: What do recent integrations indicate about the future?
A: They promise a more interconnected digital ecosystem with stronger privacy protections.

Q: What role does community play in tech adoption?
A: Community feedback and support drive the development and refinement of new technologies.

Q: Why prioritize tool interaction and development ease?
A: Simplifying tool usage encourages more developers to adopt and innovate with new technologies.

Q: What are the benefits of attending tech events?
A: They provide networking opportunities, insights into the latest trends, and exposure to innovative solutions.

Q: Are developers optimistic about new tech integrations?
A: Yes, they see potential in building more secure and interoperable applications.

Highlights

Time: 00:00:43
Stormy winter setting.

Time: 00:00:50
Remembering a distant thought.

Time: 00:00:53
The pain and its pinnacle.

Time: 00:01:49
Mention of a family tree.

Time: 00:02:07
Overflowing with history.

Time: 00:02:11
Moving and shipping.

Time: 00:02:12
Supply and demand.

Time: 00:02:15
Friendships tested.

Time: 00:02:24
Life scrutiny.

Time: 00:02:26
Growth despite troubles.

Time: 00:04:55
Energizing connections.

Time: 00:05:05
Finding time for relationships.

Time: 00:05:07
Balancing whine and dine.

Time: 00:05:11
Comparative strengths.

Time: 00:05:20
Short exclamation.

Time: 00:05:20
Dismissal of trash.

Time: 00:05:21
Responding in kind.

Time: 00:05:23
Attribution to external factors.

Key Takeaways

  • Technology has a profound impact on privacy and data security.
  • Web 3.0 integrates seamlessly with traditional web 2.0 systems.
  • Tools to maintain data interoperability are crucial.
  • Reclaim protocol provides better data privacy solutions.
  • Confidential smart contract platforms offer new possibilities for apps.
  • New integrations in decentralized systems are promising.
  • Developers are keen on building applications with enhanced security.
  • Upcoming tech events provide insights into decentralized innovations.
  • The importance of community in driving technological adoption.
  • Tool interaction and ease of development are being prioritized.

Behind the Mic

Hi everyone, welcome to today's Twitter space. My name is Will and today I'm glad to host the founder of the Reclaim Protocol. Hi Roma, how are you today? Hey, I'm doing great, Will. Glad to be here. Awesome, yeah, very excited to have you here and chat a bit about the Reclaim Protocol, privacy preserving data on the web. But let's start, you know, can you give us a brief overview of what the Reclaim Protocol is? Sure, glad to. So Reclaim Protocol is basically a private data interchange. We're focusing on bringing more private data into web three and making it transferable. So a lot of projects are working on the front lines of accessing web two platforms and apps and bringing this data into the space in a privacy preserving way, mostly solving identity. We see that there's more specific data needs which can be used for various aspects. For example, eligibility updates on specific dApps, on specific web three platforms, for example, let's say access control. Absolutely, can you tell us more about the privacy preserving aspect? So we took a zero-knowledge proof approach where you basically have to claim privately some attributes about specific data or set of data. Then we cross-check and verify that if it's potential, we generate private proofs which then developers can use to verify you instead of using just the data. So there are certain benefits of this approach, but more obviously it can be tracked, so the process can be repeated for any data. Absolutely, I think that really fits into a broader privacy narrative that we're trying to create at Oasis, ensuring that the data remain confidential. What is the story you find most interesting, people to be aware of on the Reclaim Protocol? I think the direction we want people to turn to, is that web three is not only technology but also a paradigm shift, social shift, where developers can make sure that data being accessed is not only there bested interest of the user, but at the same time transparent for regulators. And, you know, just making it fair for everyone. It's something we believe future should be. Yeah, absolutely. I fully agree with you. So let's talk about use cases. I know you did some interesting partnership announcements recently. But what are some of the use cases of the Reclaim Protocol? Right now we are working on different areas. From DeFi, mixing for web three in general, but focusing on decentralized governance, decentralized finance, talking about lending markets and aggregated under collateralized bridges in the broad sense, meaning a bit of a mouthful, but the gist of it, making sure people are using their own private data. Another example comes from gaming and analyzing metadata, some specific data taken from the tools. Some might be interpreted using just private proofs without revealing too much context. Absolutely, and you mentioned some partners. Do you want to share some of the companies or initiatives that you are working with right now? Sure, definitely. We are part of quite a few bigger ecosystems in web three, right now we are focusing on Ethereum and Secret Network among others. We also work with Harmony, Aura Chain, Aurora, for those of you who don't know, it's a scaling solution for Ethereum. And we are also looking into integrating more of what we call leveraging the platforms. So, in short, we are looking for bigger players in the space already providing certain aspects that we don't want to replicate ourselves but simply include in the product. Yes, so super exciting. I'd love to dive into secret a little bit because Secret Network is a privacy enhancing chain. I think that's very fitting, given your goal with Reclaim Protocol. What are you trying to utilize from each of the networks that you decided to integrate into the protocol? First, we care about privacy, that’s obvious, and the privacy enhancing technologies we are developing right now to make sure this private data exchange remains private. Second is obviously the size of the ecosystem. Ethereum currently is the biggest ecosystem, so we definitely want to leverage the ecosystem there. Secret Network gives a very specific and important role regarding the privacy-preserving aspects. We’re also looking for more partners who fit the same mold. That’s the field of the range of things that can be done. It’s absolutely crazy. Secret network, they are part of this bigger privacy web three narrative and they’re building so much. And by integrating reclaim there, we want to provide their builders with an ability to include those, let's say, web two primitives into the ZK circuits of apps they build. We really value interoperability of the data, so our goal is to make this process transferable as possible. We believe in the future where there are a lot of different networks, each of them utilizing their own strengths and upsides. So we just want to provide tooling and support developers as much as possible. Yeah, I guess. To follow up though, is there specific use cases that are opened up with connecting to a confidential smart contract platform like Oasis Sapphire? Like secret? You know, is there something, are there any things that are enabled? I think, for example, before, like there was some improved aspects of mercury data. And I'm not sure about, like I can, you know, answer that question exactly, but I know that a lot of depth being built right now because all of those integrations are quite recent. But I assume the future, what will happen is basically giving better access control, better privacy infrastructure, expanding the applications and user bases where users can still participate in web three and developers who want to set more restrictions or different use cases like various access controls or liquidity bridges or partnering up some short term campaigns. All of them basically limiting the access to the data. I imagine that's where the next use cases will be, regarding the confidential chains and their powerful factor of keeping the data from the end users. Will, maybe you have some more insights from your side? No, I mean, that covers it pretty well. I think, and you'll probably get it as you play more with Oasis Sapphire, but the self-verifiable data aspect that you have is one of the really interesting things that I saw there because you're able to verify specific data points within a smart contract transaction. I think that opens up a whole new set of use cases that previously developers really haven't had access to just yet. So, you know, maybe as people continue to integrate with Reclaim Protocol and have access to confidential smart contracts, we'll start seeing more use cases there, but very exciting stuff. With that, Roma, where can developers and users learn more about the Reclaim Protocol and where can they maybe start testing things out? Sure, we try to drive attention to our Twitter handle for the latest updates. We try to keep it as developer-oriented as possible and user-oriented, but the current focus is definitely on developers, so we can create more proofs, more providers to cover the whole web two, with this API. But yeah, you definitely should check the developer platform, which is live right now, and you can access it from our website and try to create a proof for yourself or for any data you want. It should be pretty easy. It takes around 15-20 minutes. Yeah, I think Harry and a few other engineers have already started looking into some proofs, building some proofs themselves for the things that we might need on Oasis. So yeah, and on the Oasis side, guys, you can always find us on our Discord, our Twitter, obviously, and Telegram. That’s the best place to get the latest news. And then also, we’ll be at East Berlin, or Dapcon, sorry, I guess is what it was referred to as. Now, it’s in Berlin next week, so if anyone’s going to be in attendance there, please come to the booth and say hi. Thank you so much, Roma, for joining us today, telling us a bit about the Reclaim Protocol, and I can’t wait to speak more in the future and share some updates with the community on what we’ve built. It was a real pleasure. Thank you for hosting me. Yeah, thank you, Will. Awesome. Have a great day, everybody, and speak to you soon. Goodbye, everyone.

Leave a Comment

Your email address will not be published. Required fields are marked *