Your data is valuable and should belong to you. Nevertheless our online records are exposed on an almost daily basis, with potentially devastating consequences. This blog post aims to provide an up-to-date list of data breaches and hacks.
#5: (Part 2/2) How Do Identity Hubs, Claims, & Verified Credentials Work with DIDs?
In the most recent episode of the Digital Identity Podcast, Carlos, Terry and Ben from the SelfKey R&D team discuss the merits of identity hubs, claims and verified credentials.
Being an active member of a modern society while refusing to take part in the data economy is no longer possible. Each of us forfeit ownership over our data on a daily basis, whether its by liking a page on Facebook, entering a query on Google or signing up for a new online account.
In the 21st century our data is continuously parsed, analysed, segmented and sold to the highest bidder. This system is clearly broken and unfit for the modern age.
But how do we solve this seemingly intractable problem?
Identity Hubs are an exciting step towards a solution. Once fully implemented, they have the power to provide a secure and encrypted data storage solution, that puts the individual back in control.
To learn more about the coming revolution in identity management, check out the newest episode of the Digital Identity Podcast.
The SelfKey Identity Wallet is a free identity solution for Windows, Linux and Mac. Get yours today!