The primary areas of concern in digital identity management are security and privacy. The existing identity management system is neither secure nor trustworthy. Users are required to verify their identity at every step using a variety of government-issued I.D.s such as a voter I.D., passport, or Pan Card. Blockchain Identity Management is a decentralized and secure solution that puts consumers back in control via a distributed trust model. Blockchain has evolved remarkably from the distributed ledger technology created to track bitcoin holdings to replace old systems with a highly trusted mechanism for managing identities. Blockchain can allow people to have greater control over their own identities. Organizations can utilize the information solely with customers' approval, and no central organization would be able to jeopardize a consumer’s identity. Blockchain identity management benefits can completely transform the digital landscape. Blockchain applications in digital identity management present viable prospects for improving security, transparency, and control over data. In the long run, improvements in existing identity management systems are inevitable.
₹10000 (INR)
NON IEEE-2022