Decentralized Identity and its Wide Range of Applications

Decentralized identity (DID) is gaining traction across various industries, including manufacturing and enterprise. By assigning unique DIDs to product parts, suppliers can protect their intellectual property while sharing necessary information with manufacturers. This enhances supply chain security and quality assurance. DID can also revolutionize the transportation of sensitive goods like vaccines by enabling real-time monitoring and traceability of each item. Additionally, DID has broad usability and can be embedded in applications at the edge, making it a promising solution for security, privacy, and convenience. As more companies and individuals recognize the benefits, the widespread adoption of DID is expected in the near future.