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Web3 Distributed Decentralized Identifiers Systems (DDIDS) could be the future of digital identity, presenting privacy, trust, and personal data control to people online. So what are DDIDS?
Considering the evolution of the internet, the current generation of internet users has traded their privacy with giant corporations for services. This has raised concerns over surveillance and data leaks that could harm innocent internet users. However, with the birth of blockchain technology, people could be safe from risking personal information for every sign-up or login they make online.
Distributed Decentralized Identifier Systems in Web3 use blockchain technology to create secure and self-owned digital identifiers. This means a user controls their own Decentralized Identifier(DID) and not big tech companies. DDIDs have already been tested in some Decentralized Finance (DeFi) platforms, healthcare, education, and Decentralized Autonomous Organization (DAO) governance.
Is this the future of data privacy?
With rising misuse of personal data by the big corporations in the tech industry, a mistrust of centralized systems is kicking in. Internet users have incurred losses due to database breaches or leakages, fuelling the desire for privacy and personal data control. DDIDs could be the solution to data privacy in the future.
