Decentralized identifiers (DID) and personal data tools for building a web of trust
Quick Take
- It is becoming increasingly important to actively manage and protect our digital identities (e.g., passwords, account numbers, browsing history, social media profiles) given how much value we transact on the web nowadays
- In Web2, we have to trust large companies and their centralized databases to protect and manage our personal data
- But in Web3, we can expect more modular integration of ready-made decentralized digital identity solutions instead of reliance on centralized solutions (or building such tools from the ground up)
- Here, we take a look at the two leading blockchain-based identity platforms providing such personal data tools – Ontology and Civic
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Author: Hiroki Kotabe