Benefits of Self-Sovereign Identity Management for a Developer
Here are the four points on the benefits of self-sovereign identity management for developers, summarized:
- Decentralized Architecture: Developers can work with cutting-edge technologies like blockchain or DLT, exploring innovative solutions.
- Interoperability and Standardization: SSI offers standardized protocols, frameworks, and APIs, reducing development complexity and enabling seamless integration with various platforms.
- Enhanced Security and Privacy: Developers can build secure and privacy-preserving applications using cryptographic techniques and privacy-enhancing technologies.
- Empowering User-Centric Applications: SSI enables the creation of user-centric applications, enhancing user experience and trust by giving individuals ownership and control over their identities.
Blockchain, Self-sovereign Identity and Digital Credentials
A decentralized, secure ledger that is open to many parties is blockchain. It keeps track of all computer network transactions, and once data has been stored, it cannot be altered or removed. Consensus methods and cryptographic techniques—which call for agreement among network users—are used to accomplish this security. The network keeps the ledger up to date and uses consensus to confirm transactions, preserving the accuracy of the data.
In this article, we will discuss What is SSI, Digital credentials, and how they used blockchain technology extensively.