What is decentralized identity? Decentralized identity is a trust framework in which identifiers, such as usernames, can be replaced with IDs that are self-owned, independent, and enable data exchange using blockchain and distributed ledger technology to protect privacy and secure transactions.

Why do we need decentralized identity?

We can do better. A new paradigm called “decentralized identity” puts consumers back in control of their personal information while businesses gain trust that consumer information shared with them is accurate and pertains to the person they are transacting with, thus decreasing fraud.

What is the decentralized ID foundation?

DIF is an engineering-driven organization focused on developing the foundational elements necessary to establish an open ecosystem for decentralized identity and ensure interop between all participants.