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Blockchain-based credentials can make getting back to work and school easier post-COVID-19. But we must resist the urge to put every life achievement on a blockchain.
A credential service provider (CSP) is a trusted entity that issues security tokens or electronic credentials to subscribers. [1] A CSP forms part of an authentication system, most typically identified as a separate entity in a Federated authentication system. A CSP may be an independent third party, or may issue credentials for its own use. [1]
Additionally, some recently developed AI has succeeded in solving the CAPTCHA issue. [ 2 ] Distributed systems could require users to authenticate using strong identities verified by a government or trusted third party , using an identity verification service or self-sovereign identity system for example, but strong identification requirements ...
Verifiable credentials can be issued by anyone, about anything, and can be presented to and verified by everyone. The entity that generates the credential is called the Issuer. The credential is then given to the Holder who stores it for later use. The Holder can then prove something about themselves by presenting their credentials to a Verifier.
Relationship between entities, identities and attributes / identifiers Decentralized identifiers (DIDs) [1] can be used to enable self-sovereign identities.. Self-sovereign identity (SSI) is an approach to digital identity that gives individuals control over the information they use to prove who they are to websites, services, and applications across the web.
RAs, however, do not sign or issue certificates (i.e., an RA is delegated certain tasks on behalf of a CA)." [4] While Microsoft may have referred to a subordinate CA as an RA, [5] this is incorrect according to the X.509 PKI standards. RAs do not have the signing authority of a CA and only manage the vetting and provisioning of certificates.
Blockchain has been acknowledged as a way to solve fair information practices, a set of principles relating to privacy practices and concerns for users. [5] Blockchain transactions allow users to control their data through private and public keys, allowing them to own it. [5] Third-party intermediaries are not allowed to misuse and obtain data. [5]
William "Will" Entriken (/ˈɛn.trə.kɪn/) also known by the online moniker Fulldecent, is a solutions architect, cybersecurity specialist, financial analyst, general manager, and civic hacker best known for his contributions in blockchain technology and open sourced solutions.