Decentralized identifiers (DID) and personal data tools for building a web of trust

March 29, 2022, 10:23AM EDT

• 14 min read

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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Source: https://www.theblockresearch.com/decentralized-identifiers-did-and-personal-data-tools-for-building-a-web-of-trust-137808?utm_source=rss&utm_medium=rss