Convergence is an open source project that wants to replace Certificate Authority organizations issuing standardized X.509 digital certificates and confirm that the company signing it is who they say they are, for which a fee is normally charged, it can be very expensive to get a reputable Certificate Authority (i.e. Verisign, GeoTrust) that is included in all major Internet browsers root to confirm your identity. There has also been instances in which a Certificate Authority has been hacked by criminals, and likely nation states, to sign their unauthorized digital certificates with the own CA private keys allowing them to launch man-in-the-middle attacks against which the user has no defense.
It is possible for someone to create a self-signed digital certificate, or buy a cheap one from a small Certificate Authority, but this will cause the Internet browser to beam a security warning during the SSL handshake and it easily scares off people not familiar with computer security.
Convergence P2P digital certificate authority replacement
Convergence allows people to configure a dynamic set of notaries that use the whole network to validate the communication, instead of having someone else telling you who to trust a whole set of users decide who is trustable.
Anyone can run their own notary, the notary trust level can be set by the whole network of multiple notaries, information exchange is immediate and hides the user IP address, Convergence intends to eliminate the problem that comes with blindly trusting a single Certificate Authority and places trust in the hands of the whole community using the notaries network to check a digital certificate history before validating it, for this to work it will be necessary a large number of notaries.