Decentralized Identity (DID) technology experienced a turning point in 2023. With the official launch of Worldcoin, this previously marginalized field suddenly became the focus of capital and developers, fully demonstrating the core value of the identity blockchain architecture in the future digital ecosystem.
What exactly does DID solve?
In the traditional digital world, your identity is controlled by social media platforms, banking institutions, or government agencies. This centralized management model carries inherent risks—data breaches, privacy violations, and restrictions on user autonomy.
The arrival of Web3 has changed all this. Decentralized identity, through blockchain technology, takes ownership of identity away from institutions and returns it to the users themselves. This is not just a technological upgrade, but a