It’s time to own your digital identity

cointelegraph.com:

Usernames and passwords are a staple of the modern internet, and almost every service out there uses this method as credentials for access. This has led to some notable issues — one being that the data must then be stored on private servers outside of a person’s control, and the other being that these servers don’t always have the best security. The nature of this system takes power away from individuals, who can only hope their data is safe.

While this model has become the standard, it doesn’t have to stay this way. As we emerge into the world of Web3 and the metaverse, we are starting to see methods of data retention where the web user has full visibility and control of this — specifically through digital identities. These identities, in some cases, can help owners prove the legitimacy of their online profiles, professional credentials and so much more. 

We’re still in the dial-up phase of Web3 and the metaverse and this technology has yet to be used to its full potential in modern life. It’s time for consumers to take back control of not only our data but our digital identities. 

Imagine a world where your social, financial, medical and professional data could be held in your phone in the palm of your hand, but without the fear of any of this data being compromised — where you as the holder would have complete visibility and accessibility at all times. This is the vision behind digital identities on Web3 and the metaverse.

Already, people have most of this information stored online, but it’s under the control of multiple third parties and may not be secure. 

This is why your digital identity is your human right. A person should own their own data and their own identity, and it should be theirs to share. 

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