Decentralized digital identity is becoming increasingly important in domains ranging from financial services to healthcare, government services to education, and e-commerce. It is used to establish trust, prevent fraud, protect personal information, and enable secure interactions online. As the use of digital technologies continues to grow, the importance of decentralized digital identity will only increase.
It is important for individuals and organizations to understand the importance of digital identity and take steps to protect it. This includes using strong passwords, enabling two-factor authentication, and being vigilant against phishing attacks. By working together to protect digital identity, we can create a more secure and trusted digital world.
Members of CompTIA’s Blockchain & Web3 Industry Advisory Council developed this whitepaper to help managed service providers (MSPs) and other tech companies better understand decentralized digital identity and self-sovereignty to help protect their customers.
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