self-sovereign identity
Self-sovereign identity (SSI) is a digital identity model that empowers individuals to control their personal information without relying on a central authority. In SSI, people own their data and can share it selectively and securely, using tools like blockchain technology for verification. This approach enhances privacy and reduces the risk of identity theft, as users decide what to disclose and to whom. SSI aims to give individuals greater autonomy over their identity in online interactions, fostering trust and efficiency while minimizing reliance on third-party organizations.
Additional Insights
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Self-sovereign identity (SSI) is a digital identity concept that empowers individuals to own and control their personal information. Instead of relying on centralized organizations, like governments or banks, to verify identity, SSI enables people to manage their credentials directly using secure technologies, often based on blockchain. This approach allows individuals to share only the necessary information with others, enhancing privacy and security while reducing the risk of identity theft. Ultimately, SSI aims to give individuals more autonomy and choice over their personal data in an increasingly digital world.
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Self-Sovereign Identity (SSI) is a digital identity model that empowers individuals to own and control their personal information. Unlike traditional systems where governments or companies manage identities, SSI allows you to manage your own credentials, such as your name, age, or qualifications, securely and privately. You can choose when and with whom to share this information using digital wallets and blockchain technology, ensuring greater privacy and security. This approach fosters trust, reduces the risk of identity theft, and enhances personal agency in how your data is used in various situations, such as online registrations or services.