Wednesday, 24 February 2021

How to use blockchain for identity management

https://www.leewayhertz.com/blockchain-identity-management/

The existing identity management system is neither secure nor reliable. At every point, you are asked to identify yourself through multiple government-authorized IDs like Voter ID, Passport, Pan Card, etc.

Sharing multiple IDs leads to privacy concerns and data breaches. Therefore, the blockchain can pave the path to self-sovereign identity through decentralized networks, which assures privacy and trust where identity documents are secured, where identity documents are verified and where permissioned participants endorse identity documents.

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