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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