The Protocol is a decentralized identity system that provides real world value to its users. It allows every user to become a stakeholder in the network with their Identity and Reputation. We are building a global identity platform that uses blockchain technology and smart contracts for secure, private, decentralized user identities for everyone. The Protocol is a decentralized and distributed identity system that provides authentication at the application level. It's unique in that it uses distributed identity and blockchain technology to improve trust without relying on a central authority. The Protocol enables developers to create sustainable Decentralized Applications (DApps) by providing users with control over their own data privacy and giving them more precise control over the information they share, increasing engagement. Our decentralized identity protocol makes it easy for millions of users to own and control their digital identity, protecting them from fake news, spam, and abuse while giving them complete control over the permissions they grant to apps and sites. The Protocol is free to use, open source, and will be built on top of the SWIPE network. The Protocol's mission is to build the world's first decentralized identity ecosystem for people, companies, things and devices. This will enable a permissionless ecosystem where users are in control of their own data and can seamlessly interact with services that require trust. The Protocol is a decentralized identity ecosystem that provides an open-source infrastructure for managing digital identities of people, companies, objects and devices. The Protocol uses blockchain technology to address privacy concerns and combat fraud in the digital identity sector. Having integrated our solution with various protocols, we are able to offer seamless integration with existing systems while meeting the requirements of financial services and other industries looking to leverage blockchain technologies. The Protocol is a decentralized identity management solution that empowers individuals, organizations and devices to authenticate in an ecosystem of connected services. The Protocol allows you to own your personal data and share it with services anonymously or transparently, whenever you want. It's simple!
The Protocol is a decentralized identity ecosystem which makes use of blockchain technology to create an open standard for digital identity. It enables the people to access different applications and services with a single digital identity, thereby making their life easier. The Protocol allows you to verify the identity of every person or object in the world. It provides you with proof of the authenticity of any kind of document, and it replaces the need of trust.
If you look at the history of the internet, you can see that a lot of the development and focus has been around creating a network of trust between nodes. As long as you can trust the other end of the connection, everything works out. However, there are a lot of vulnerabilities with this sort of architecture. The fact that you have to trust a host makes it easy for someone to impersonate another. Sometimes it's only a matter of time until a server is jacked. Distributed identity is a solution to this problem that uses decentralized trust.
USEFUL LINKS:
WEBSITE : https://theprotocol.network/
TELEGRAM : https://t.me/THE_TGCHANNEL/
TWITTER :. https://twitter.com/_THE_PROTOCOL
AUTHOR DETAILS :
BITCOINTALK USERNAME : nikkybae
BITCOINTALK PROFILE LINK : https://bitcointalk.org/index.php?action=profile;u=3454568