Now available: Account customization features. Never miss an update about the topics you care about most with our new notifications, event reminders and newsletter management features. Customize your settings now.
It is becoming increasingly important to actively manage and protect our digital identities (e.g., passwords, account numbers, browsing history, social media profiles) given how much value we transact on the web nowadays
In Web2, we have to trust large companies and their centralized databases to protect and manage our personal data
But in Web3, we can expect more modular integration of ready-made decentralized digital identity solutions instead of reliance on centralized solutions (or building such tools from the ground up)
Here, we take a look at the two leading blockchain-based identity platforms providing such personal data tools – Ontology and Civic
Footnotes
Join The Block Research for exclusive research like this
Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.
