Social Media Sidebar


Please sign up, comment on articles and bring your friends!

Current poll

PlanetTech is asking:

What do you think about our new web site?

Love it, indeed
Really good solution
Same as old one
The old one was better
This is a new option

Quote of the day

Just because something doesn’t do what you planned it to do doesn’t mean it’s useless.


Thomas Edison

Blockchain identity management could replace passwords and fix many hacking problems

Posted in Business on 2nd Dec, 2017 04:26 PM by Alex Muller

IBM, other large companies and startups are working on a global shift to decentralized identity that is built on blockchain technology. This would mean a person would control their digital identity and would not need to use passwords for systems that interfaced with the ID system.

Blockchain provides distributed ledger technology as the foundation for decentralized identity. In this solution, trust is not rooted in any single point of control but is shared across participants in a network where each person has varying degrees of permission to view data.
Beyond just the technology, however, they must work as a community to establish standards and evolve regulations to work in a decentralized world.
IBM and others have joined the Decentralized Identity Foundation (DIF) as a complement to our current stewardship in the Hyperledger Project. Today, the Hyperledger Project has also announced that they are joining DIF as we together join like-minded organizations such as Microsoft, Evernym, the Sovrin Foundation, and others who aspire to make the vision of self-sovereign identity a reality.
A unified decentralized identity ecosystem requires addressing a set of fundamental user needs and technical challenges:
1. Enabling registration of self-sovereign identifiers that no provider owns or controls.
2. The ability to lookup and discover identifiers and data across decentralized systems.
3. Providing a mechanism for users to securely store sensitive identity data, and enabling them to precisely control what is shared with others.
DIF is working on specs and reference implementations for the following key deliverables:
* Decentralized Identifiers (DIDs): the specification for establishing and managing identifiers rooted in decentralized systems
* Universal Resolver: a server featuring a pluggable system of DID Method drivers that enables resolution and discovery of DIDs across any decentralized system
* Universal Registrar: a server that enables the registration of DIDs across any decentralized system that produces a compatible driver.
* Identity Hubs: secure personal datastores that coordinate storage of signed/encrypted data, and relay messages to identity-linked devices
At the moment, the Universal Resolver simply accepts an identifier as input, and returns the DID Document as a result. In the future, more advanced input options (such as queries for certain services or keys), as well as additional result information (such as “supplementary” details about the resolution process) can be supported.
They are working on client libraries in Java, Python, and NodeJS that will make it easy to access an instance of the Universal Resolver remotely

Tags: blockchaincryptocurrencyonlinesoftware

Read original article » Back to category



Recent headlines

  • Posted in Software on 2018-11-09 03:19:01
    OpenAI launches reinforcement learning more
    Posted in Science on 2018-11-08 03:58:12
    Plan to find and explore Ocean Worlds and search for more
    Posted in Medicine on 2018-11-06 01:18:21
    Glowing chemical 'could aid brain cancer surgery' more
    Posted in Business on 2018-11-06 01:11:11
    Space Force will be more about putting up new more
    Posted in Medicine on 2018-11-03 05:15:12
    MDMA therapy achieves astounding 76% success rate more
Posted in Business on 2013-10-10 01:33
China is working towards a manned lunar mission in more
Posted in Business on 2013-10-20 07:17
Spacex says China is their main competitor for more
Posted in Software on 2013-10-20 06:43
Pirate Bay Browser Clocks 1,000,000 more
Posted in Medicine on 2013-10-10 02:10
Google reportedly investing hundreds of millions into more
Posted in Medicine on 2013-10-14 03:13
Endothelial Cells Can Repair and Regenerate Organs, more
Posted in Science on 01.01.2010
Spacex says China is their main competitor for more
Posted in Science on 01.01.2010
Staring at Your Phone Could Be Making You Short more
Posted in Science on 01.01.2010
Oculus Rift virtual reality headset coming to mobile, more
Posted in Science on 01.01.2010
China is working towards a manned lunar mission in more
Posted in Science on 01.01.2010
Delivering drugs via nanoparticles to target more

Recent Blog Posts

  • Posted by AlexMuller
    Even light drinking increases risk of more
    Posted by AlexMuller
    Researchers have discovered how to slow more
    Posted by AlexMuller
    Human retinas grown in a dish explain how color vision more
    Posted by AlexMuller
    The smartphone app that can tell you’re depressed before more
    Posted by AlexMuller
    Neural networks don’t understand what optical illusions more

Login to your Account

Login to your PlanetTech Account here

Remember me

Create a New Account

You just need username and password

The following errors occured:
Verify password:
Remember me