Blockchain based identity and access management

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Assalamualaikum

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How are you?Hope so everyone would be safe and sound just like me as I am also safe Alhamdulillah....

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Blockchain based identity and access management is really one of the most worthiest topic to share so I am going to go into depth of it I am hopeful that everyone would understand it fully.Lets start it without wasting further time.

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Blockchain based identity and access management is one of most significant decentralized approach used for management of digital identities and access rights that which one can have approach and which one cannot. It use blockchain technology for the creation of more secure, transparent, and tamper-proof systems for verification of identities and for having an access control.

When I talk about traditional identity systems then identity data remains stored in centralized repositories so these are things which are making it high vulnerable for cyber attacks and data theft. Blockchain based identity and access address that issue by storage of identity data in a decentralized ledger so it enables individuals in controling their own digital identity and access rights.

Here are different examples you need to consider for having more clear understanding of topic.

Self-Sovereign Identity:

Most of us know about ethereum based standard which enable different individuals in managing their digital identity and access rights by decentralized identity wallet.

uPort:

uPort is an identity Graph which use blockchain technology for creating a decentralized identity ecosystem helps in permitting individuals for controlling digital identity and for accessing permissions.

Hyperledger Indy:

If I talk about hyperledger Indy then it is a blockchain-based platform used for decentralized identity management and it also permit it's users and individuals for secure storage and management of their digital identity data.

There are some of its usage benefits:

• Decentralized control: Individuals have decentralized control on their digital identity and approach rights.

• Security: Blockchain technology is ensuring tamper-proof storage of sensitive information and for securing data management.

• Transparency:It provide a lot of transparency when all transactions would recorded at blockchain so it ensures accountability.

• Interoperability: Blockchain-based identity and access management systems are a way of enabling seamless interactions in between multiple platforms and in other services.

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If I conclude my whole topic then blockchain-based identity and access management is a way of offering a more secure, decentralized, and transparent approach for management of digital identities and for giving access rights.There are many practical examples such as lERC-725, uPort, and Hyperledger Indy used for demonstration of potential of blockchain technology in transformation of identity management and for access control.

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Hopefully the topic is clear to you guys.Real world and practical examples would enhance your knowledge in understanding the following topic.Till my next topic I want to say goodbye to you all.

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Thanks

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