The way forward for crypto is interoperable. That’s changing into clearer with each new cross-chain bridge and Layer 2 launch. Nonetheless, for crypto to really scale into an ecosystem with out partitions, one key ingredient is decentralized identifiers (DIDs).
DIDs are identifiers that allow verifiable digital identities of people, organizations, units, or some other entity. All in a permission-less trend.
These self-sovereign IDs can forestall fraud by verifying an identification without having to entry the underlying information. By increasing interoperability with out sacrificing safety, these user-controlled IDs unlock every kind of improvements in each enterprise and shopper use circumstances.