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Amid privacy and security failures, digital IDs advance

– ComputerWeekly

How decentralized identity technology is slowly gathering pace but does not yet amount to an ecosystem

Author Lucian Mearian charts the growth in organizations looking to better understand decentralized identity technology, known as “self-sovereign identities  (SSIs).

SSIs will increasingly be used by consumers, businesses, their workers and governments to verify everything from credit worthiness and college diplomas to licenses and business-to-business credentials.

It is a process which is slowly gathering pace, but does not yet amount to an ecosystem:

A major non-technical hurdle is for organizations to learn the concept and take the necessary steps to appropriately adapt their business processes to decentralized identity ecosystems

The number of organizations looking to better understand decentralized identity technology is growing although there are more proof-of-concept projects than production systems.

Self-sovereign identity envisions consumers and businesses eventually taking control of their identifying information on electronic devices and online, enabling them to provide validation of credentials without relying on a central repository, as is done now

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