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Decentralized Identity (DID) is changing our understanding of identity data. Instead of having major platforms control identities, DID allows users to truly own their own identity information. A single verification can be reused across different platforms, eliminating the need for repeated registration.
Worldcoin issues identity tokens through iris scans, a solution that ensures uniqueness while cleverly protecting privacy. Microsoft ION takes a different approach—building an enterprise-level identity network that enables organizations and individuals to manage identities within a unified framework. Both approaches serve similar purposes.
The pain points of traditional identity systems are obvious: personal data is controlled by countless platforms, the risk of leaks remains high, and centralized institutions monopolize the discourse over identity data. The emergence of DID aims to break this deadlock—returning user data to users, making privacy no longer a luxury.