does decentralized identity matter?
In order to give people legal identification documents,
complete ownership of their identities, and user-friendly security,
decentralized identities were developed.
A verifiable proof of existence is frequently required
of citizens in order to access basic services like banking,
healthcare, and education. Sadly, according to
Worldbank statistics, 1 billion people worldwide still do
not possess a recognised identity document.
A sizable portion of the population lives in unstable
conditions and is unable to vote, register to vote,
open a bank account, own property, or find employment.
Their inability to obtain identification documents restricts people's freedom.