Decentralized Identity (DID)
Also known as: Self-Sovereign Identity, Blockchain Identity, DID
A user-controlled digital identity framework built on blockchain that enhances privacy and interoperability.
Decentralized Identity (DID) is a system that allows individuals to create and control their own digital identities without relying on centralized authorities. It uses blockchain and verifiable credentials to enable self-sovereign identity management. Each DID is associated with cryptographic keys and can receive credentials from trusted issuers. DIDs are interoperable and portable, giving users control over what information they share and with whom. Applications include KYC, access control, Web3 profiles, and reputation systems. Standards like W3C DID and VC are foundational to the ecosystem.