Blockchain in Identity Management

 

The existing identity management system is neither secure nor reliable. At every point, you are asked to identify yourself through multiple government-authorized IDs like Voter ID, Passport, Pan Card, etc.

Sharing multiple IDs leads to privacy concerns and data breaches. Therefore, the blockchain can pave the path to self-sovereign identity through decentralized networks, which assures privacy and trust where identity documents are secured, where identity documents are verified, and where permissioned participants endorse identity documents.