Technology Archive
What is Self-Sovereign Identity?
July 3, 2023
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We live in a complex digital world where we require to provide our private data for verifying our identity. There are scenarios where we get stacked up with large amounts of personal questions while applying for new services. For example, what is your date of birth, birthplace, address, phone number, and bank account number, do
How Decentralized Identity Work?
June 30, 2023
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Decentralized identity (DID) is an emerging concept that aims to give individuals more control and ownership over their digital identities. DID allows users to create and manage their identities without relying on centralized authorities, such as governments or large corporations. Here’s an overview of how decentralized identity works, and what are decentralized identifiers (DIDs) and
What is Decentralized Identity, and What are its Potential Benefits for Individuals and Enterprises?
June 20, 2023
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Using online services, opening a bank account, voting in elections, buying property, securing employment, document verification or authentication – Every aspect of our life requires proving our identity. With digitalization, we have digital identity systems, but all these traditional digital identity management systems hold all the identifiers and attestations related to our digital identities in
Types of Blockchain Networks
June 16, 2023
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There are various types of blockchains, each with its own characteristics and design principles. Here are four commonly recognized types of blockchains: Public blockchains are open and permissionless, allowing anyone to join the network, participate in the consensus process, and validate transactions. Examples of public blockchain networks include Bitcoin and Ethereum. Public blockchains rely on
Beyond Hype: Practical Adoption of Blockchain in Insurance
June 14, 2023
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Life is full of surprises and circumstances, some of them make us happy and some drown us in unexpected events. When life throws us with such unexpected events, insurance comes to the rescue, if you have one! Insurance is a risk-mitigating tool, When you buy insurance, you buy protection from the unexpected events life throws
