The essence of Decentralized-ID is in creating open standards for a privacy-preserving internet-wide identity layer — not owned by anyone particular organization, but interoperable between all.

Decentralized ID is a new type of globally unique identifier (URI) that does not require a centralized registration authority because control of the identifier can be proved using cryptography.

I learned today how a DID works! A DID is a Decentralized ID is Identification Assigned to YOU by YOU. From a technical perspective, a DID is a string of letters, numbers, and symbols unique to just me. It resides on a Blockchain, the same kind of technology that CryptoCurrency is one. My personal DID was created using cryptography to secure my information and handle permissions for me.

I learned there are three parts involved in making me safe

An Identity Owner – the individual aiming to prove his or her Identity

A Claims Issuer – a third party authorized to verify credentials (like a notary or justice of the peace)

The Relying Party – the service provider accepting the issued claim

The identification process might look like this:

At CrowdPoint, it was easy. They give them away for free. I went to www.advancedmedicine.exchange, and I filled out a form to create a DID. They then sent me an email and issued a claim that DID through a claimed object shared privately with me.

The extended set of numbers was stored on their Blockchain. As the Identity owner, I was able to claim my DID, and from now on - I can determine how and where I want to share my Identity.

Wherever I go, the other people have to resolve my DID based on what I want to share, and they are only able to retrieve the necessary data. What I love about it is the fact that my DID was not issued nor controlled by centralized authorities but instead remain under my control, and it was free to create.

Author's Bio: 

Torsi is a professional blogger.