Benefits of Blockchain for Identity and Access Management - By Azgari Lipshy

Society's push toward digitalization also leads to the digitization of personal identities. From health information to professional certificates, the requirement for identification information and credentials is expanding in number, diversity, and significance. Traditionally, third parties monitor and confirm identification information —government or commercial sector. However, declining levels of trust and innovative technologies are causing people to challenge these structures. Paper-based forms of identity are becoming more unsuited for the digital age due to the growing volume of personal data, the prevalence of digital interactions, and the severity of security concerns. It is uncertain, though, how future technology will transform identity. Identifying, authenticating, and authorizing users of services or systems is a major task for identity and access management (IAM) technology in business and government environments. Several operations come under this rubric, and ...