Understanding Decentralized Identity | Block Bytes

Digitization of identity-related artefacts has led to fast and efficient provision of goods and services, enabling a multi-fold increase in economies everywhere.

But have you ever wondered, does digitization help improve privacy or can the speed of service provisioning be bettered?

In this video, we will look at decentralized identity and why it will transform how we do things today.

Why decentralization is the future of digital identities: www.microsoft.com/en-us/security/blog/2022/03/10/why-decentralization-is-the-future-of-digital-identities/

What is decentralized identity?: www.csoonline.com/article/3665692/what-is-decentralized-identity.html

Decentralized Identity Challenges & How to Tackle Them: medium.com/frctls/decentralized-identity-challenges-how-to-tackle-them-7bf1f36e5f2c

Timestamp:

00:00 Intro 00:55 What is Decentralized Identity? 02:20 Components of decentralized identity 04:58 Advantages of decentralized identity 05:50 Challenges for decentralized identity 07:55 Use cases 09:14 Final thoughts

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