Identity is crucial in our daily digital life, from accessing websites and applications to establishing our credentials online. Traditional identity systems are no longer trusted as a result of numerous data breaches and unethical corporate usage of consumer data for advertising, market research, and algorithms.
Enter decentralised identity, a novel concept aimed at improving data privacy and user empowerment.
In this article, we will delve into the world of decentralised identity, describing its principles, important components, and how decentralised identity systems backed by blockchain technology are being used to transform the way we use the Internet.
What is decentralised identity?
Decentralised identification, also known as self-sovereign identity, refers to digital identities that are owned and controlled by individuals rather than centralised third parties.
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents
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