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The End of Passwords? How Decentralized Identity is Revolutionizing Online Privacy

  • Decentralized Identity (DID) is revolutionizing online privacy, allowing individuals to own and manage their personal data without intermediaries.
  • DID uses blockchain and cryptographic keys to give individuals full control over their digital identities, functioning as a digital passport.
  • Key features of Decentralized Identity include self-sovereign identity, blockchain-based verification, verifiable credentials, and selective disclosure.
  • By eliminating centralized databases, DID reduces the risk of data breaches, minimizes corporate surveillance, and makes it harder for fraudsters to succeed.

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