So the the Decentralized Identity Foundation has an “identity challenge” with a project pretending to be it – with a very similar domain name and trying to do a token sale. I have a theory that almost all legitimate projects with real people and real work going on behind them also have fake projects shadowing them. Anyways.
Here is the REAL Decentralized Identity Foundation Website: http://identity.foundation. Its got working groups and code and a blog on medium. Its got a whole bunch of real people and projects behind it.
They are working on supporting the emergence of an open standard called DID.
Microsoft just made an announcement about their support and product integration of these emerging open standards.
So the FAKE site is Decentralized.id
It looks really polished and the first page says
YOUR ID: DECENTRALIZED
The DID Foundation, Decentraling your ID over the Blockchain. Sounds good right. Protecting Your ID, Providing Trust, Crypto-Positive. It says one should Join The Foundation – if you do you get DID Tokens!
Then creating a supply 20,000,000,000 of them. They are selling them for .ooo1 USD. They accept BTC, ETH and BCH.
So I checked out their real “address” is at a hot desking space in London.
Decentralized ID is owned by Mr. Sheikh Abdullah Naveed. HE also has a hardware consultancy Torquesol UK Ltd. He has some other companies too – Tapfer Technologies Ltd and Fry-Wi Ltd
This whole situation highlights the need to have identity verification for organizations too. The good thing is that this is something that the British Columbia Government is working on with a project called Verifiable Organizations Network