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IdToken: a new decentralized approach to digital identi-ty
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Datum
2020
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Gesellschaft für Informatik e.V.
Zusammenfassung
The ability to store and share digital data offers benefits that the digitization of information
has become a growing trend but has raised questions about the security of personal data. There
have been countless high-profile hacks and personal information leaks. Furthermore users don’t (and
shouldn’t) always trust an external server of a third party to store their personal data. Blockchain tries
to offer a compelling solution to the problem of combining accessibility with privacy and security.
Records can be held securely, using end-to-end encryption, and yet openly authenticated so that data
can still be trusted as reliable. This project goes deeper in this solution thanks to an innovative idea
and development of a new kind of blockchain non fungible token specifically created to store and
manage digital identities and sensible data. It has the potential to resolve issues blockchain alone was
starting to approach and improves security, privacy and accessibility.