Today, almost all of our digital identities are linked through devices, apps, and services. Service providers control these digital identities and their respective digital identity data.
Because of this, users are now experiencing misuse of personal data and data breaches that affect their social, financial, and professional lives.
Giving access to multiple third parties or service providers from different applications makes it harder for users to manage their personal data and revoke access to their information.
A centralized system makes user identity data extremely prone to cyberattacks and privacy breaches. But decentralized identity solutions provide a new horizon by enabling users and service providers to have better authority over their identity and personal data.
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