Digital transformation is a priority for enterprises, but it leads to unique risks and security challenges. This spurs the evolution of identity management systems where control is gradually moving away from a central authority and towards the user. On this evolutionary path, the latest trend is an emerging model called decentralized (or self-sovereign) ID—or DID.
This session presents proof of concept for an emerging identity management model based on the distributed ledger and self-sovereign principles that enable enterprises to securely manage this ecosystem. Understand why it makes it unnecessary to have a central authority such as a certificate authority, employer, Google or Facebook to create (and own) a user’s identity. We will discuss how eliminating the intermediaries means more efficient processes for provisioning of IDs, authentication, etc.
Learning Objectives:
•Understand the key elements of the decentralized (or self-sovereign) ID (DID) model
through a new proof of concept, based on a user creating and managing/owning their
own identity following defined standards.
•Hear additional advantages for this type of identity model through a comparison of DID
against other models and learn of its relevant standards.
•Understand the challenges facing the adoption of DID and what the industry can do to
help overcome them.