@shenzhenwan
What are the primary benefits of decentralized identity over traditional systems?
Decentralized identity offers enhanced privacy as users control their data, reducing reliance on centralized entities prone to breaches. It improves security through cryptographic verification, minimizing identity fraud. Users enjoy greater autonomy, managing credentials across platforms without repeating verification. Interoperability allows seamless use across services, while eliminating single points of failure enhances system resilience. This model also reduces costs for organizations by shifting identity management to users.
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