NextGenBeing Founder
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Loading...Introduction to Decentralized Identity Management
When I first started exploring decentralized identity management, I was surprised by the complexity of the ecosystem. Last quarter, our team discovered that most existing solutions were either too centralized or lacked the scalability we needed. We decided to build our own system using Ceramic 3.2, IDX 2.1, and Ethereum ERC-725.
The Problem with Traditional Identity Management Systems
Traditional identity management systems rely on centralized authorities, which can be vulnerable to single points of failure and data breaches. With the rise of decentralized technologies, it's now possible to build identity management systems that are more secure, transparent, and resilient.
How Ceramic 3.2 Works
Ceramic 3.2 is a decentralized data network that allows users to store and manage their own data. It's built on top of the Ethereum blockchain and uses a novel consensus algorithm to ensure data integrity.
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