The Power of Decentralized Authentication
Unfold the knowhow of decentralized identity for your business
Decentralized identity mechanisms are new gen identity solutions conceptualized and developed with consumer data security and sovereignty in mind. In essence, it attempts to give individuals power over their data: determining who can access what information and for which purpose.
The mechanism is implemented globally through standardized developments and frameworks.
With several leading organizations and responsible entities working together to develop a unified and standardized solution, we would likely see a revolution in our digital identities in a few years.
This revolution would aid the return of privacy in individuals’ lives and aid organizations in building trust amongst stakeholders while minimizing the risk of data breaches.
In this whitepaper, you will learn:
- What is decentralized identity, and why does it matter?
- Who is making it all happen?
- How does blockchain-based decentralized identity management work?
- DID-based authentication services – What are we gaining?
Decentralized Identity mechanisms can be the solution that ultimately and effectively eases the growing concerns around privacy and data sovereignty.