๐ Decentralized Identity Frameworks Summary
Decentralised identity frameworks are systems that allow individuals to control their digital identities without relying on a single, central authority. These frameworks use cryptography and distributed networks to let people securely manage and share their personal information. This approach aims to give users more privacy and control over how their data is used online.
๐๐ปโโ๏ธ Explain Decentralized Identity Frameworks Simply
Imagine if you had one digital ID card that you could use anywhere online, and only you could decide who gets to see it. Instead of companies keeping your details in their own databases, you keep your information safe and show it only when you want to.
๐ How Can it be used?
A healthcare app could let patients prove their identity and share medical records only with approved doctors using a decentralised identity framework.
๐บ๏ธ Real World Examples
A university issues digital diplomas to graduates using a decentralised identity framework. Graduates can then securely share their verified credentials with employers, who can instantly check their authenticity without needing to contact the university.
A travel platform allows users to prove their age and citizenship using a decentralised identity wallet, enabling them to book flights and hotels without uploading sensitive documents to multiple websites.
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