The Decentralized ID is going to change the worldPosted by Broussard Oconnor on June 7th, 2021 The Decentralized ID is going to change the world. They say that data is the new oil. However, inside the cyber domain, oil comes in many forms in volume, variety, velocity, and veracity. But the most important form of data is when it has value. Identity is data with value. It is the global currency for the global economy. Human Identity is the new global currency. The most important assembly of data fields or Kappas of data is undoubtedly your data that make up the heart of your Identity. At CrowdPoint, they call it a Sigma Prime. According to their blogs at www.crowdpoint.exchange and www.advancedmedicine.exchange, it says that once your data corroborated with access to vast amounts of increasingly detailed transactional data, a Sigma Prime can be organized into assemblies of data fields called Sigmas. They argue that these Sigmas are what companies and organizations (such as credit bureaus, Facebook, and others) can profit from using your Human Identity. When Wikipedia Mistaken matches transaction data, it is worth $ Trillions. In other words, once your Identity is compared to data that is semantically, thematically, temporally, and spatially organized to herd you to make a purchase. That is the best description of what I have read about called surveillance capitalism. The Human Identity is so valuable; our friends and our foes are stealing from us! The Human Identity is the precious silver that drives Trillion in global cybercrime and all of the worldwide commerce today. Decentralized Identifiers (DIDs) represent an exciting breakthrough in the field of identity management. In CrowdPoint's Blockchain Ecosystem, they are the vital component in a new layer of decentralized Identity. CrowdPoint employs cryptography and public critical infrastructure to provide a much better way of using the Internet.Like it? Share it! More by this author |