What is decentralised identity?

Decentralized digital identity is the set of attributes and data that identify an individual, organization or business online and whose administration is managed by end users through the use of a distributed ledger architecture such as blockchain technology. 

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Thus, instead of manually creating and managing accounts managed by service providers (centralised identity) or trusting identity providers (federated identity), decentralised identity places the individual - the holder identity attributes - at the centre of each of his or her digital interactions with a issuer - the author of the documents supporting an individual's identity attributes and a verifier - the entity that wishes to verify the user's identity for access to its services/products.

This tripartite relationship - also known as the triangle of trust - provides a new level of security and control that fully embraces the Self-Sovereign Identity  approach.

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The user regains control of all data relating to his or her identity and therefore decides to whom he or she wishes to give access or not. 

This decentralised identity allows more secure access to digital services, financial and digital services, health services, privacy data, etc. 

For more information, we recommend that you read our white paper on decentralised digital identity.