In the digital era, addressing data integrity and authenticity is crucial. IOTA Identity provides a solution based on decentralized identification.
The Trust Problem in the Digital World
Data in the digital world crosses borders and devices but is difficult to trust. Problems arise due to lack of data integrity and authenticity. Centralized identity systems restrict user control and increase single-point failure risks.
Solution with IOTA Identity
IOTA Identity, now in alpha on MoveVM, uses W3C standards to ensure reliable, provable identities. It maintains data integrity on an immutable ledger, guaranteeing privacy and user control.
Key Identity Concepts
Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) provide users and organizations full control over their identity and enable selective information sharing. These technologies facilitate secure interactions across various sectors.
IOTA Identity represents a step forward in secure digital interactions. It offers a scalable, secure solution to transform the landscape of trust in the digital world.