The need for standards

Protocols and standards play an important role in defining the digital world by tackling critical issues such as interoperability, security, privacy, efficiency, and innovation. They provide seamless communication across disparate systems, create security best practices, maintain privacy when managing personal data, simplify procedures for efficiency, and serve as a common basis for creativity, encouraging the creation of new ideas and applications. These essential parts work together to strengthen, rely on, and advance the digital ecosystem.

Overall, protocols and standards are essential for creating a digital society that is secure and efficient and respects individuals’ privacy rights. Without them, digital systems would be more fragmented, less secure, and less interoperable, which would limit their potential to improve our lives and solve important societal challenges.

Decentralized identifiers (DIDs) are set to revolutionize digital identification...