PROBLEM :
Security assurance and convenient transfer of data is the major thing that matters today in this world.
For every communication or transfering your IDs there is a need of private cloud or server, the organization have a full control over those cloud and servers and you never know when it will going to hack or somebody stole your data.
IDEA/SOLUTION :
Technology is evolving day by day and we are moving towards the pure digital world, blockchain considered as the safe decentralized public platform so it can also be used securely to transfer your IDs like passport and NIC and for internet authentications.
To make it more secure and to keep your control over your IDs a decentralized network for communication was needed.
In past there was no secure way to transfers your IDs (like passport or visa), but with efforts of the DID team led by "Sheikh Abdullah Naveed" have managed to introduce a safe way for transfering IDs over blockchain.
)>WHY DID?
->DID made it possible to protect your ID by decentralizig the ID on blockchain and building a foundation which is blockchain-agnostic.
->DID will use the best security protocol BOCA(Blockchain Originated Certificate of Authenticity) which is called as SSL certificate of decentralized network.
HOW IT WORKS?
DID is currently based over Ethereum mainnet and development is in process to make it more better.
A. Transfers your ID on the Blockchain: (Like an Internet Login)
Just forget about the conventional login procedure where your ID is stored over server, now only you have control over your IDs.
B. Issues IDs on the Blockchain: (Like issuing a driving license)
Your ID is not stored in premises of authority and they can't control or leak it.
C. Provides P2P ID transfers: (Like two people showing their ID cards to one another)
Proper verification over blockchain when initiating P2P transfers.
Official Website DID : https://decentralized.id/
Bitcointalk Link (malikusama) : https://bitcointalk.org/index.php?action=profile;u=879197
Telegram : @malikusama
Email : [email protected]
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