Cyber insecurity is costing us trillions but it is also costing us business reputation, privacy and even our identities
Technology exists today to make online transactions safe, reducing the inmense cost companies have to endure on security and processes. So, what can we do to solve this? Digital ID network & ecosystems for Common Trust are being built by collaborative effort. But no organization or government can achieve it alone. Different key players are needed. Here are SSI main features: It is more secure and prevents common attacks to personal data, such as breaches. The process is more efficient, and users do not have to rely on identity providers that may sell and monetize their data. Data is more private, and users have a higher control over their own private information. More about SSI (Self- Sovereign Identity Model) in this post: https://extrimian.io/resources/blog/self-sovereing-identity-contributions-web3-web5/
#blockchain#digitalidentity#cybercrime#cybersecurity#ssi
Julieta Cura | Outdefine Team
Marketing manager