CISO's guide to decentralized identity: What works and what doesn't | TechTarget
Modern organizations can manage their digital credentials by either using a centralized identity provider or by relying on directly controlled, decentralized identity management.
Decentralized identity lets individuals securely share data without having to use a centralized authority. It relies on verifiable, cryptographically secure credentials, offering IT leaders a new approach that improves privacy, trust and agility. Benefits aside, decentralized identity also introduces governance, auditability and control concerns.
As regulatory pressure and digital partnerships grow, organizations must decide where decentralized identity delivers measurable business value. This article examines the strategic value and related challenges of decentralized identity, and offers a methodology to determine whether the framework is a suitable option.
What is decentralized identity?
With decentralized identity, accounts are not held in a single system. Instead, identity is built on portable, cryptographically verifiable credentials that can be presented as needed.
Key components include:
- Decentralized identifiers.Unique identifiers created and controlled...
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