Wallextrust03 Apr, 2021Finance
The process of achieving self-sovereign digital identity is still far off but what is important is that it has already started. Blockchain technology is only over a decade old and peoples’ understanding of anything crypto is still nursery. But looking at the realities of life such as the migration phenomena in Europe leaving large numbers of people without formal identities only underscores the urgent need for self-sovereign digital identity. Centralized identity management systems can lock or revoke identities where identity owners have no control over. Self-sovereign digital identity ideation proposes real person hold control over the possession of their identities in an ever accessible and interoperable platform that is navigable at any time of their own choosing.
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