SSI

Self-Sovereign Identity

A decentralized approach to digital identity management gives individuals control over their data and how it is shared with others. In an SSI system, users create and manage their digital identities using secure, blockchain-based tools rather than relying on centralized authorities like governments or corporations to store and verify their personal information. Key features of SSI include:

1. User control: Users have complete control over their personal data and can choose what information to share, with whom, and under what circumstances.
2. Decentralization: SSI uses decentralized blockchain technology to store and verify identity data, eliminating the need for centralized databases that can be hacked or compromised.
3. Selective disclosure: Users can share specific pieces of their identity data with others, without revealing their entire identity or providing more information than necessary.
4. Verifiable claims: SSI allows users to collect verifiable claims or attestations from trusted sources, such as universities or employers, which they can share with others to prove their qualifications or eligibility for services.
5. Interoperability: SSI solutions are designed to be interoperable across different platforms and systems, allowing users to use their digital identities seamlessly across various applications and services.

SSI has the potential to revolutionize how we manage and share personal data online, giving users greater control over their digital identities and reducing the risk of data breaches and identity theft. As SSI solutions mature and gain adoption, they could play a significant role in enabling secure, privacy-preserving interactions across various industries, from finance and healthcare to education and government services.

• Abbreviation: SSI