As the world become normalized with digitalization, identity verification is becoming more frequent in our lives. On the bright side, the normalization specifically the increase of online services and applications had made life easier. Buying goods and even dealing with official affairs like renewing licenses, passport, loan application and many more can be done in short time just by connecting to the internet and of course verifying our identity on the desired applications and services. On the dark side, which we often warned about, is the increase of risk of exposure towards data breach, identity theft and fraud. This bring about the dawn of a new model of called decentralized identity. What is Decentralized Identity?
Decentralized identity is a model or concept to Identity and Access Management (IAM) that enables users to have better control over their identity and personal data. In other words, it is a concept that allows users to generate and manage their Personally Identified Information (PII) without relying to a certain service provider.
Customarily, identity verification provided by a service provider is based on a centralized system where users personal data is stored in their very own build up database. As all personal information of users can be obtained through the service providers, a centralized system makes a prime target for cyberattacks, hence the increase of data breach cases. In addition, with every service provider having their own database, users need to provide their information to those service providers they tend to subscribe or made use of the services. As a results, users have to give access to multiple providers thus their Personally Identified Information (PII) become harder to manage.
With decentralized identity where users having the ability to generate their PII, fewer data will be stored in the service providers database thus the risk of data breach and other security risk can be reduced. As users have full authority to their PII, they can easily manage access which applications and services that can have access to those information.
E-SPIN being active in helping enterprise customers to implement enterprise digital transformation technology to achieve scale, scope and speed. E-SPIN since 2005, already in the business of supply, consultancy, integration, training and maintenance of various supplies for enterprise customers and government agencies. Feel free to contact E-SPIN for identity and access management infrastructure and application security, infrastructure availability and performance monitoring solution.
Other post that may interest you:
1. Introduction of Customer Identity and Access Management(CIAM)
2. What are the benefits of IAM systems
3. What IAM products and services do
