How does blockchain support decentralized identity?
An example of an AI chatbot conversation about how blockchain enables decentralized identity management.
Can you explain how blockchain supports decentralized identity?
Sure! Blockchain allows individuals to control their own identity without relying on a central authority, enhancing privacy and security.
What are the benefits of using decentralized identity?
The benefits include increased security, reduced fraud, and greater user control over personal data.
How does this differ from traditional identity systems?
Traditional systems rely on central databases, making them vulnerable to breaches, while decentralized identity is more resilient.
Can you give an example of decentralized identity in action?
Certainly! One example is using blockchain for digital IDs, allowing users to verify their identity without sharing sensitive information.
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