...
Top 15 Blockchain Identity Platforms of 2024 article
exploring these pioneering platforms, we aim to illuminate the significant advantages and transformative potential of blockchain identity in our increasingly digital lives.
youtube on digital identity concepts
digital id is based on email, phone or issued user profiles now before DIDs, VCs
DIDs issued are independent of most organizations ( from governments or identity service authorities instead ) and stored in digital wallet services
Credentials can be issued by anyone and stored in your wallet
How DIDs and VCs work in 5 seconds
- When access or authorization needed to a service, organization or resource, the verifier organization issues a challenge to prove the holders of digital ID and the related VCs from the issuers to gain access to authorized resources and services.
- Privacy is protected because the holders don't need to supply PII ( Personal Identifying Information ) which is private, just present the DIDs and VCs instead to the verifier appropriate for the use case ( "am I old enough to drink in this bar?").
- This process in based on strong cryptographic digital objects and governance services with automated
...
- verification services for the verifier, holder, issuers
Simple use case for a student verifying their id online for a university access
for improved reliability, the digital wallet, identity & credentials can be paired with a physical ID card with a QR code as a backup option for alternate access
TOIP - Trust Over IP - defines 4 layers for both the digital identity processes and the goverance of those processes ensuring integrity and trust
"Trust fuels the World and we are low"
Step-by-step guide for Example
...