Dock Wallet’s New Release
Dock Wallet’s new release allows users to create and manage Decentralized Identifiers (DIDs). It is the new feature on the mobile Dock Wallet app enabling users to create and manage decentralized identifiers that empower them to fully own and control their data.
Dock is excited to announce that users can now conveniently create and manage their decentralized identifiers (DIDs) from the Dock Wallet phone app. Up until recently, people were using Dock Certs to create their DIDs. The Dock Wallet enables users to fully own, control, and manage credentials that are issued as Verifiable Credentials such as training certificates, driver’s licenses, and university degrees.
What Are DIDs and Why Do They Matter?
For a long time, we have been using user names, passwords, and emails that are centralized and/or federated (e.g. signing in with a Facebook or Google account) digital identifiers to access apps and websites. But these identifiers often enable many companies like Google to use data to track online behavior, resulting in people’s data being used for ad targeting, and organizations risk being a target of hacks or large-scale data breaches when they store user information on centralized storage systems.
In contrast to centralized identifiers, decentralized identifiers (DIDs) solve many of these problems. They enable a universally accepted standard for exchanging and verifying digital credentials.
A decentralized identifier is a globally unique identifier made up of a string of letters and numbers that is independent of any organization.
DIDs FUNCTION
- Allows the owner (organization or individual) to fully own and control their data.
- Comes with one or many private keys and public key pairs
- Don’t contain personal data or wallet information
- Enable private and secure connections between two parties and can be verified anywhere at any time
- Can be associated with Verifiable Credentials
Furthermore, you can make as many DIDs as you want for different purposes or interactions. It can be either for educational purposes or to store credentials like a university degree and training certificate. It can also be buying and trading NFTs as well as holding different types of IDs like driver’s license, state ID, and passport.
ABOUT DOCK
Dock provides a range of tools incorporating blockchain technology that enables businesses and developers to create verifiable credentials. Dock is open and permissionless across its technology, network, and governance. By enabling any organization or developer to issue via Dock, they can work together across markets and industries. Unlock a better future world powered by secure, individually-owned verifiable credentials.
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