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In this video, Jonathan Fryer - Fractal's Sales Manager, explores the concept of Decentralized Identity. 🆔 Decentralized IDs (DIDs), also known as #decentralized identifiers, are digital IDs where individuals’ identifiers are replaced with self-owned IDs stored on the #blockchain, and their associated data is stored on personal devices. Unlike traditional digital IDs, #DIDs are not stored in the databases of vendors or organizations, therefore, are less vulnerable to data breaches or theft. These DIDs have numerous use cases such as enabling credible and private customer #kyc, #evoting, tax payments, event check-ins, etc. 👉 Explore everything about #decentralizedidentity here: / guide-to-decentralized-ids-why-dids-matter... 🧑💻If you are interested in exploring how KYC and decentralized identities (DIDs) can help you and your business, book a meeting with our team: https://calendly.com/fractalsales/30m...