DIDs and SSI relationship basics
DIDs are a new type of identifier that is created and managed by individuals themselves rather than by a centralized authority or organization. DIDs are based on blockchain technology and use public-private key cryptography to provide a secure and decentralized way to manage digital identity. DIDs can be used to authenticate identity, establish trust relationships, and control access to personal information.
SSI is a concept that is closely related to DIDs. SSI refers to the idea that individuals should have complete control over their personal data and how it is used. In an SSI system, individuals create and manage their own digital identity, which is stored on a decentralized network. This gives them complete control over their personal information and allows them to share it only with trusted parties on a need-to-know basis.
Traditional IdM systems are based on centralized institutions such as CAs, corporate directory services, and domain name...
