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The Growing Importance of Decentralized Identity (DID) for Privacy

  • Decentralized Identity (DID) allows individuals to own and control their personal data without intermediaries.
  • DID operates through digital wallets and identity verification tools, using cryptographic proofs and blockchain technology.
  • Blockchain provides a secure framework for decentralized identities, ensuring transparency and trust without a central authority.
  • Challenges for DID include interoperability between systems and the evolving regulatory landscape.

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