1
Decentralized identity (DID) empowers users, enhances privacy, and mitigates centralized data risks.
2
Verifiable credentials enable secure, privacy-respecting identity data exchange across sectors.
3
Despite challenges, DIDs and verifiable credentials promise a resilient, user-centric digital identity future.
In the conventional identity model, central authorities like governments or corporations act as custodians of identities by issuing user IDs and credentials. However, this leads to systemic risks like single points of failure, data breaches, and mass surveillance overreach. Decentralized identity (DID) offers an alternative model where users fully own and control their digital identities without centralized intermediaries. DIDs are enabled through open-source standards and protocols for verifiable credentials and identifiers on distributed ledgers.
The Rise of Self-Sovereign Identity
A key motivation behind decentralized identity
We współpracy z: https://www.thecoinrepublic.com/2023/09/09/decentralized-digital-identity-standards-protocols-use-cases/
