How can decentralized identity help internet users safeguard their digital assets? – Economic Times
In today’s interconnected world almost everything about you is present digitally on the web. Whether that be your personal information like name and date of birth or your financial and medical history. Almost all the information about you is stored somewhere digitally and this digital data about you creates a digital identity.
Digital identity is essentially any personal online data that represents the real you. For example, photos you’ve uploaded to social media, posts you’ve created or commented on, your online bank account, search engine history etc. This also includes your username and password, purchasing behavior or history, your personal information like date of birth, identity cards, online search activities, online financial transactions or even your medical history.
But since these digital identities and their identity data are controlled by service providers, users can experience misuse of personal data and data breaches that can affect your social, financial, and…
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source: https://news.oneseocompany.com/2022/06/28/how-can-decentralized-identity-help-internet-users-safeguard-their-digital-assets-economic-times_2022062822610.html
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