Digital identity can be managed on a blockchain from "summary" of Blockchain Revolution by Don Tapscott,Alex Tapscott
The digitization of our lives has led to the creation of vast amounts of personal data that is scattered across the internet. This data includes everything from our social media profiles to our financial information. Unfortunately, this data is often stored in centralized databases that are vulnerable to cyber attacks and data breaches. Blockchain technology offers a solution to this problem by providing a secure and decentralized way to manage digital identities. With a blockchain-based system, individuals can have control over their own personal information and decide who has access to it. This eliminates the need for third-party intermediaries that currently control and pr...
Similar Posts
Cameras are everywhere, watching our every move
The ubiquity of surveillance cameras is a fact of modern life. They are in our streets, our buildings, even in our homes. This ...
Importance of selfreliance
Self-reliance is a cornerstone of individual sovereignty. It is the fundamental belief that one must be able to rely on oneself...
The internet has reshaped the way we interact with information and each other
In this age of digital interconnectedness, the internet has fundamentally transformed the way we access and share information. ...
Market performance and volatility of cryptoassets
Market performance and volatility of cryptoassets are crucial aspects to consider when investing in this emerging asset class. ...
The impact of blockchain on financial services
The impact of blockchain on financial services is profound. It has the potential to revolutionize how financial transactions ar...
Blockchain technology ensures data integrity by encrypting information across a network of nodes
Blockchain technology is designed to ensure data integrity by employing encryption techniques that secure information across a ...