Legacy Systems & The Digital Identity Challenge.

In today's digital landscape, centralized identity management systems are a Web 2 construct, requiring users to provide a significant amount of personal information. These users interact with e-commerce platforms, social media, banking apps, healthcare portals, and other digital services.

These services typically require user authentication and request access to certain personal information.

Users are increasingly concerned about the security and privacy of their data when using traditional authentication methods because they have limited control over their data, including who has access to it and how it is used. Data brokers often obtain and exploit this information without the users' consent.

Apart from this, all user data is at risk if a centralized identity management system is compromised. These systems may not be compatible with other systems or be siloed from them, making it difficult for users to use and manage their data across multiple platforms or services.

How Can We Meet These Challenges in the 21st Century?

Challenge centralized identity management systems with blockchain technology alternatives. 

Promote a more ethical approach to data sharing and ownership by using a Tokenized Credential Approach.

Empower the User - Put User Control and Data Portability in the hands of the individual who owns it.

Ensure a trustworthy experience with minimal friction and disrupt the data broker industry, which relies on exploiting user data.

Trust the user to decide when and how to share their tokenized credentials, and the ability to sell personal information to authorized organizations.