It doesn’t matter if you don’t understand blockchain and Decentralized Digital Identity: it just works
There’s a very informative article in Venture Beat, “Decentralized identity using blockchain”, the kind of article I typically recommend in my classes, about the use of blockchain to solve one of the problems of today’s web: identity management. Traditionally, we use apps or other third-party services to do this, but this inevitably involves some risk, from the misuse of personal data associated with this identity based on use, as well as security issues if the provider’s security is breached.
The future of user identity management increasingly looks to be decentralized identities or Self-Sovereign Identity (SSI), giving us exclusive control of our identity, authorizing its use as and when needed by identifying ourselves using a public and a private key through a decentralized cryptographic system such as a blockchain. These credentials, which may contain all kinds of information about us, accounts in different services, usage history, transactions, etc., are stored in a wallet that we control exclusively.
This Decentralized Digital Identity (DDID) is one of the foundations of the so-called Web 3: an environment where we no longer depend on external repositories, and where everyone manages their own data. The wallet stores your information…
