What is Decentralised Identity and how to study that?
Welcome to this new post.
If you are new to this blog please have a look at this quick post to understand the logic behind this weblog.
If you know the logic behind this weblog today I studied the Decentralised Identity (DI) based on the Blockchain.
Then let's have a look:
The best explenationary video about Decentralised Identity is this video:
Decentralized Identifiers (DIDs) allow entities to transact seamlessly within decentralized ecosystems by serving as traceable, tamper-evident, and unique sources of verifiable data about the entities. Think of a DID as a globally unique identifier. Rather than having to manage several distinct forms of identification, entities can enjoy secure, hassle-free transactions with any number of ecosystem participants while having control over their own data.
DID adoption will be essential to unlocking decentralized applications for connected vehicles and IoT commerce.
Microsoft in particular with their ION project is leading the charge here. In this video, I'll share with you what DIDs are, reasons for wanting them, common benefits, and what Microsoft itself is building here.
Key takeaway:
In this video, we'll build out an identity management system for creating, reading, and updating a user's profile using their Ethereum wallet.
[To be completed!]
[I'm constantly updating data of this page]
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