The way forward for crypto is interoperable. That’s turning into clearer with each new cross-chain bridge and Layer 2 launch. Nevertheless, for crypto to actually 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 another entity. All in a permission-less vogue.
These self-sovereign IDs can stop fraud by verifying an id without having to entry the underlying knowledge. By increasing interoperability with out sacrificing safety, these user-controlled IDs unlock every kind of improvements in each enterprise and shopper use instances.