48 views
in Cryptocurrency by (16.6k points)
What is a decentralized identity (DID)?

Please log in or register to answer this question.

2 Answers

0 votes
by (16.6k points)
A Decentralized Identity (DID) is a new type of identity model that allows individuals to have control over their own digital identities without the need for intermediaries like centralized identity providers. DIDs are based on blockchain technology and provide users with the ability to manage and authenticate their own identity data securely and privately.
0 votes
by (7.8k points)
A Decentralized Identity (DID) is a type of identifier that is anchored on decentralized systems, allowing individuals, organizations, or entities to have control over their own digital identities without the need for a central authority. DID systems use blockchain technology or distributed ledger technology to enable users to create, own, and manage their identities securely and privately. This technology provides a way for users to authenticate themselves and share personal information selectively, enhancing privacy and security in the digital world.

Related questions

2 answers
2 answers
2 answers
asked Jun 9, 2024 in Cryptocurrency by Kelvindhope (16.6k points)
2 answers
2 answers
...