What risks rise with an “unbalanced” identity ecosystem?
On the one hand, it could become very easy for virtually any company online to request highly validated identities and require the presentation of identifiers associated with “real legal name” credentials for almost all transactions and comments. This inhibits civil freedoms and creates a participatory panopticon situation.
On the other hand, people may not adopt a diverse range of accountability networks because they are not well understood. So transactions online decline or people retreat into private commercially-controlled silos.
Fostering the emergence and governance of an Identity Ecosystem is challenging. I do think it is possible for a thriving ecosystem to emerge through the application of the best of available organizational, deliberative and governance processes and structures.