Blockchain and Digital Identity – A Good Fit?
Every time you see “Login with Facebook” or “Login with Twitter” etc. on a website or use login credentials issued by your employer or school, you’re using Identity and Access Management (IAM) technologies in the background. IAM has become central to our online interactions, but like a lot of infrastructure it’s largely invisible to users (at least when it’s well designed and implemented). IAM is evolving rapidly, the stakes are high, and enterprises face an increasingly complex and puzzling digital identity landscape. There is also growing concern that businesses know too much about us, and therefore end users should reclaim control over their own identities. IAM is a hot topic in the technology world, with new architectures, business models, and philosophies all in play.
Blockchain technology (sometimes also called distributed ledger technology – DLT) is also gaining attention. Proponents advocate it for a wide variety of use cases, including IAM. Blockchain is a broad class of relatively new data security methods, with certain properties of potential value in IAM. Many IAM companies have launched identity registration solutions “on the blockchain,” while others are developing new blockchain-inspired infrastructure for distributing information about users (called “attributes” and used to inform decisions about Continue reading
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