New player, new blockchain for decentralized digital ID management market

The blockchain-based digital identity market is becoming more crowded, with a new entrant in MicroStrategy and the gradual expansion of Worldcoin’s ecosystem.

A research paper published in April’s issue of the International Journal of Law and Policy highlights the drawbacks of a centralized identity management system, such as the risk of data breaches, lack of user control, and privacy concerns, highlight the need for a more secure and user-focused approach.

A decentralized identity system powered by blockchain technology offers a …

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