How does decentralized identity work?
An example of an AI chatbot conversation about decentralized identity systems.
Can you explain how decentralized identity works?
Decentralized identity allows individuals to control their own identity without relying on a central authority. It uses blockchain technology to create a secure and verifiable identity.
What are the benefits of using decentralized identity?
The benefits include enhanced privacy, reduced risk of identity theft, and greater control over personal data.
How does it differ from traditional identity systems?
Unlike traditional systems that store data in centralized databases, decentralized identity systems distribute data across a network, making it more secure and user-centric.
Can you give me an example of a decentralized identity application?
Sure! One example is self-sovereign identity platforms, like uPort or Sovrin, which allow users to manage their own credentials.
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