Identity management with blockchain
Digital identity is critical to many business and social transactions. It enables ways to interact with billions of users in the digital world. However, traditional identity systems are costly, disjointed, fallible, and hindering innovation and greater customer experience.
The distributed trust model is a new way of managing identities. Blockchain technology empowers consumers to control their own identity and share between trusted entities with their consent. Also, no single institution can compromise a consumer’s identity.
Read IDC report about digital identity on blockchain (184KB)