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201. Insights: How to manage your identity on web3 and blockchain
Blockchain Insider Podcast by 11:FS
Defining Digital and Self-sovereign Identity
Digital identity and self-sovereign identity have distinct definitions. Digital identity refers to having an identity in a digital form, while self-sovereign identity allows users to control and reveal only relevant aspects of their identity. This concept is important for security purposes as it prevents impersonation and allows users to hide irrelevant information. Self-sovereign identity gives individuals the freedom to choose what they want to share without needing permission from a third party. It is a critical primitive for the future of identity that balances compliance, individual liberty, and consumer protection.
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