Decentralized ID (or DID) is a schema to provide authentication services securely on a Decentralized network.
Decentralized ID (or DID) is a Democratic Blockchain-based Foundation geared towards protecting people鈥檚 IDs on Decentralized Computer Systems.
We currently see the Internet world in disarray with respect to privacy and IDs. Your data is being controlled by a few companies and on a few servers. You do not have control over your IDs. Your IDs, be it a login or cookies on a website, are being misused and abused. We require an organization rather than a company as a bridge between ID-requesting bodies and IDholders.
The foundation intends to lead ID verification attempts on a decentralized scheme and drive a future where your ID is in your control.
Charter of the Foundation:
Protecting your ID The #1 objective of this foundation is to protect and put you in control of your ID on the Blockchain. * At its heart, the foundation exists to decentralize your Identification to protect YOUR interests.
Providing Trust The foundation will form a trust platform where publishers and subscribers gather together to transfer ID over the Blockchain securely and with full trust of both parties.
Crypto-Positive We believe that crypto technology is a new parallel Internet being formed today. We want to be the reason and the first step that people take towards a crypto-future.
What problem does DID solve?
There does not exist a two-way trust mechanism with ID transfers on the Blockchain. DID provides just that.
There exists no secure way to issue an ID card, a license, a passport or a visa using the current communication channels. DID employs a public Blockchain network to show how ID can be issued securely on a Blockchain.
Website: https://decentralized.id/
How protects your ID. In Traditional Systems.
Your ID is stored on a private cloud
Your ID is in control of an organization.
Your ID is being abused and tracked.
There is no proof of ID transfer.
SSL is breakable and monopolized.
There is a totalitarian approach to your ID request on the Internet.
No way to issue IDs securely.
In a DID System.
Your ID is stored on your own device.
Your ID is in your control which you transfer as you require.
The DID Foundation ensures that any usage of your data is approved by you.
Proof of transaction available on a distributed ledger.
BOCA certificates ensure security and legitimacy of the request.
The DID system provides a two-way trust mechanism.
How does DID work? The DID system works by employing smart contracts on a distributed network. The smart contracts form the logical and programming unit of the schema. The DID software is broken down into the following blocks:
Mobile App: For the end-user to interact with the system.
DID endpoints: Carry out user instructions securely over the blockchain.
DID API & Marketplace: For developers to provide a Login with DID system and to work with BOCA certificates.
BOCA issuance: A platform for the IDrequesting bodies to register to provide their authenticity to the end users.
