Event Recording
Decentralized Identity - Why is it all the Rage?
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From digital identity to full scale digital trust, this session is perfect for anyone new to identity, as well as identity professionals who are trying to get a handle on what decentralization is all about and why it is so important for Internet-scale digital trust.
In this session, we will cover a brief history of how the identity landscape has gone through an evolution from the dreaded username and password, through centralized, federated and social logins, to now the need for decentralized solutions that support digital trust for both human and objects.
We will explain the various actors involved in a decentralized identity trust triangle, what role technology plays (e.g., digital wallets and digital credentials), and how governance of an ecosystem fits in to create the trust diamond. We will discuss various technical components that may be employed and what is required — and more importantly what is not? We will also present how decentralized trust solutions can support the trust of objects that have nothing to do with human identity, but are necessary to create a digital trust landscape that enables digital transactions to happen seamlessly, efficiently, and automatically.
We’ll also touch on how the traditional identity solutions and emerging decentralization can co-exist in context appropriate settings.
