Trends Report

Boost Your Security And Security Experience With Decentralized Digital Identity

A Review Of The Key Use Cases, Benefits, And Market Dynamics

November 22nd, 2021
Andras Cser, Vice President, Principal Analyst
Andras Cser Vice President, Principal Analyst
Sean Ryan, null
Sean Ryan
With contributors:
Merritt Maxim , Hailey DiCicco

Summary

Decentralized digital identity (DDID) is the next phase in designed-for-privacy identity and access management (IAM). It offers the potential to transform human and machine verification, credential presentation, authentication claims, and other transactions. While DDID has been around for about four years, it is finally gaining market momentum. This report describes the components of the DDID ecosystem, shows how these components interact, and reassesses DDID’s benefits for security and risk management. It also provides examples of DDID production ecosystems and offers deployment recommendations.

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