This original-content post is certified plagiarism-free* by the Proof of Blind team (see below for what that means).
Image Source from Unsplash
Over the years, we have been subjected to a series of registration just to enjoy the services offered by an organization. For every organization, we intend to interact with, we are made to have a new registration for it. For example, we have to register and obtain a digital identity for a Gmail account, and we also do the same for a yahoo mail account. We carry out different registration for each website we want to interact with.
This makes it tedious for users whenever they want to interact with new websites.
As time went by, we saw an improved form of digital identity whereby third-party sites like Facebook are used to verify credentials. We are thus able to shortcut the rigorous registrations by signing up with the likes of Facebook and Gmail. Now, as much as this new method of digital identity reduces the burden of issuing/receiving a new digital identity for both the organization and the user, there are still some challenges faced with this system. The data released to a new organization by a third-party organization like Facebook, Gmail, Yahoo Mail, etc are sometimes more than what the organization needs and the entity whose identity is given out is not aware of the level of information made available to the new organization.
We have seen a recent upgrade whereby sign-ups using third-party issuers give the potential user the privilege to choose the list of data that will be made available to the new organization. This might be a good step towards self-sovereign identity issuing but it still has its cons. The third-party issuer is a centralized body that is prone to corruption and a possible hack. An entity's data can be released even without his knowledge or permission when a higher authority like the government demands it.
There is thus a need for decentralized data issuing where the individual controls the data released to the third-party verifier. This is where self-sovereign identity comes in.
What is Self-sovereign identity?
The blockchain offers a decentralized system for data storage and usage. Through the blockchain, individuals can own a decentralized digital identity through the services of a decentralized identity issuer. When there is a need for ID verification, the information released is between the ID holder and the verifying organization, the issuer organization is not aware of the data exchanged, their tool is only used as a medium of exchange.
Having said this, Self-sovereign identity can be said to be a form of digital identity owned and controlled by the individual. The individual has a personal digital identity wallet where his data are stored. He decides the type of data released to any organization that demands identity verification from him.
Self-sovereign identity is far better than the centralized digital identity that comes in form of physical IDs ( student's ID cards, national ID cards, etc) and digital IDs offered by the likes of Gmail and Facebook because of its decentralized nature. In addition to being a decentralized system of digital identity, the use of cryptography allows SSI to offer a secure identity transfer between Individuals, the identity issuing company and the verifier, with the ID owner having total control of what is made available to the verifier.
SSI is still new to many people but it has a lot of roles it will play in the digital world. The world is not just going digital, it is moving away from centralization to decentralization. SSI can help solve the NFT related issues especially when it comes to ownership. In near future, when websites adopt SSI usage, there will be a decline in online scams since every individual will have to verify his identity before performing certain actions online.
About this post
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I'd like to see this implemented step by step. It's hard to steal an identity locked in blockchain but the world needs to learn how to store keys.
Hola @mineopoly, Cierto que la seguridad es importante y necesaria, pero resulta incómodo estar permanentemente actualizando, cambiando, introduciendo claves para todo y cada día más complejas y casi imposible de recordar. Deberíamos encontrar un sistema más sencillo.
Salud y paz.
Hola @felixmarranz
If your friends don't want to hold on to their own keys then ask them to open an account from Leo front end or 3speak. They can help you make an account in the traditional with simple passwords or a social media associated account.