Benefits for Organizations and Individuals
Decentralized identifiers (DIDs) and Verifiable Credentials are key technology solutions that are part of a decentralized identity management approach. Decentralized identity addresses the problems that often result from centralized and federated identity management systems including the increased risk of data breaches from centralized data storage systems, personal user data being collected, stored, and shared with other parties without people’s knowledge, and data being owned by organizations.
These are the key benefits of decentralized identity management for organizations, individuals, and developers:
Benefits for organizations
- Verify credentials instantly which will to save time, money, and resources
- Prevents certificate fraud
- High data security with the application of cryptography
- Reduces the risk of being targeted for cyber attacks by storing less user data
- Helps comply with regulations on how to handle and use personal data
Benefits for individuals
- Fully own and control your data
- Prevent device and data tracking
- Choose who you want to share information with
- Explicit consent is required before data is shared
Benefits for developers
- Eliminates the need for passwords and inefficient authentication processes that will enhance the user experience
- Safely request data directly from users while maintaining their privacy
Dock Certs enables users to easily issue, verify, manage, and revoke fraud-proof Verifiable Credentials as well create and manage decentralized identifiers (DIDs).
- Intuitive user experience
- High security
- Issue Verifiable Credentials in seconds
Organizations that want to issue Verifiable Credentials from their existing system can use our Certs API to easily issue, manage, and verify Verifiable Credentials and decentralized identities.
- Easy integration
- Enables faster deployment with other systems
- Flexible
- Scalable
- Securely store and manage Verifiable Credentials and decentralized identifiers (DIDs)
- Fully own and control your digital identity
- Send, manage, and receive DOCK tokens
- Enables organizations to verify and authenticate users in a way that preserves their privacy without storing any user data
- Request private data from users' identity wallet apps always with their consent
Last modified 9mo ago