An Introduction to Decentralized Identity Solutions

Mar 25, 2021 | The Block News | 0 comments

an-introduction-to-decentralized-identity-solutions

Quick Take

  • Decentralized identity solutions that leverage blockchain technology are challenging centralized identity management paradigms.
  • Identity issuers, holders, and verifiers could all stand to benefit by moving ID management processes onto distributed ledgers and blockchains. 
  • While product experimentation is still underway, ID holders, application development companies, and blockchain consulting companies are well positioned to capture value should decentralized ID solutions achieve product market fit.

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