ABSTRACT
Today, users’ identities and related data are stored in siloes on centralized servers across organizations and are vulnerable to hacking. Repetitive account creation for different applications (e.g., marketplaces) and personal information (often outdated) stored in various services are some other drawbacks of that approach. Distributed/self-sovereign identities supported by decentralized systems come as a solution to those issues and facilitate interoperability, ensuring security and compliance with the privacy regulation.
