Blockchain and DLT in SSI
By placing individuals in charge of their personal data, SSI is revolutionizing the way we handle digital identities. The utilization of sophisticated encryption algorithms and DLT is central to SSI. Blockchain and DLT both play critical roles in allowing SSI but for different reasons. In this technical examination, we will look at the roles of blockchain and DLT in SSI and emphasize the differences between these two technologies.
Role of blockchain in SSI
Blockchain is a decentralized and distributed ledger that records transactions over a network of computers. It is frequently connected to cryptocurrencies such as Bitcoin. Blockchain, in the context of SSI, acts as a secure and immutable database for recording identity-related data. Here’s how blockchain helps with SSI.
Data immutability
Once data is stored in a block or a blockchain, it is very hard to change or erase it. This immutability protects identity-related data by prohibiting...