Post by account_disabled on Oct 21, 2023 2:28:46 GMT -5
When it comes to technology and digital transformation, data privacy and user security are one of the biggest challenges for companies. But, thanks to technologies such as blockchain, today there are viable ways to overcome these obstacles and one of them is decentralized digital identity (IDD or DCI – decentralized digital identity, in English). But what is decentralized digital identity? How important is it?
How does it work in practice and what are its real benefits? To clarify these and other doubts, we have prepared this complete article on the subject. Check out! What is decentralized digital identity? Decentralized digital identity or also called self-sovereign digital identity corresponds to a europe mobile number list structure responsible for storing, validating and guaranteeing access to electronic data by the user, thus providing greater control over their virtual information. According to research that aimed to determine the fate of personal data, around 83% of a person's data is kept by companies with which they have interacted only once in their life. This is a worrying fact, especially considering that most of these people are not even aware of this, much less how their data is used. Therefore, decentralized digital identity comes to put an end to this problem, ensuring greater transparency and security regarding the availability of personal data on the internet.
How it works? Basically, there are three actors for the decentralized digital identity process to work: the issuer, the user and the verifier. Issuer: is the record presented, the credential. It is normally a legal entity that will register on the blockchain network by placing the decentralized identifier in its registered public key; User : is the person who stores and receives the issuer's record, who will make their public and private key, digitally signing their decentralized certificate and storing the credentials in a secure digital wallet.
How does it work in practice and what are its real benefits? To clarify these and other doubts, we have prepared this complete article on the subject. Check out! What is decentralized digital identity? Decentralized digital identity or also called self-sovereign digital identity corresponds to a europe mobile number list structure responsible for storing, validating and guaranteeing access to electronic data by the user, thus providing greater control over their virtual information. According to research that aimed to determine the fate of personal data, around 83% of a person's data is kept by companies with which they have interacted only once in their life. This is a worrying fact, especially considering that most of these people are not even aware of this, much less how their data is used. Therefore, decentralized digital identity comes to put an end to this problem, ensuring greater transparency and security regarding the availability of personal data on the internet.
How it works? Basically, there are three actors for the decentralized digital identity process to work: the issuer, the user and the verifier. Issuer: is the record presented, the credential. It is normally a legal entity that will register on the blockchain network by placing the decentralized identifier in its registered public key; User : is the person who stores and receives the issuer's record, who will make their public and private key, digitally signing their decentralized certificate and storing the credentials in a secure digital wallet.