Decentralized Identity: The Future of Digital Verification
As digital interactions become increasingly central to everyday life, the need for secure, reliable, and privacy-preserving digital identity systems is more pressing than ever. From online banking to remote healthcare, digital identity verification underpins our access to critical services. Yet traditional identity systems—built on centralized databases and third-party control—are proving vulnerable to data breaches, fraud, and misuse. Enter Decentralized Identity (DID) : a new paradigm that empowers individuals to control their own identity without relying on central authorities. Based on emerging technologies like blockchain , DID promises to reshape how we prove who we are in the digital world. What Is Decentralized Identity? Decentralized identity is a system in which identity credentials are created, owned, and managed by individuals rather than institutions. In this model, users store their verified credentials (such as government IDs, diplomas, health records) in secure digital...