Digital Fiduciary

application of fiduciary principles to digital systems

• see esp AI, Agents, and Fiduciary Duty

The Digital Fiduciary Initiative https://digitalfiduciary.org/ Digital Fiduciaries are oath-bound professionals with the moral, ethical, and legal commitment to place the interests of identity subjects above their own. They help us manage how society recognizes, remembers, and responds to specific people and things. They advise individuals and organizations about how best to manage identity, both their own and others, and are entrusted to deal with personal information in a privacy-respecting, yet verifiable manner. The DFI will create the Digital Fiduciary Association (DFA) as the Self-Regulating Organization (SRO) for Digital Fiduciaries to establish best practices and ethical rules for its members. Through the DFA, Digital Fiduciaries collaborate to define Digital Fiduciary Protocols, which rigorously describe how to provide Digital Fiduciary Services, in which the identity interests of users are addressed in a fair and equitable manner. Providers of Digital Fiduciary Services legally sign the protocol’s operating agreement, appoint a Digital Fiduciary to oversee the service, and accept the Digital Fiduciary Association’s dispute resolution process as the first venue for resolving concerns. These Digital Fiduciary Signatories have a legally enforceable commitment to delivering the service as defined... All Digital Fiduciaries must take an oath to put the interest of identity subjects above their own. This oath binds the individual fiduciaries to the legal, moral, and ethical obligations that make them trustworthy....

Overseeing Retirement Plans in the Digital Age, By [[Shlomo Benartzi[[ https://www.voya.com/sites/www/files/2022-01/The_Digital_Fiduciary_White_Paper.PDF