Auditable consent reports

Manage Consents

Proof of consent and preference choices

Transparency on data collection

Assist in data protection strategies

Optimize consents

Automate consent management

Scalable solution when companies grow

Hence, Decentralized Identity would be heavily used in the digital

business in days to come and, with time, DID too would evolve.

17.7 DID Products

There are a couple of decentralized identity products already

available in the market, which are as follows:

Sovrin foundation backed by Hyperledger Indy

Microsoft ION

EarthId backed by Hedera Hashgraph

SelfKey backed by Ethereum

SecureKey backed by Hyperledger Fabric

Many of them also have integrated wallet solutions and can be easily

integrated with the existing software applications. No need to

mention that the underlying Blockchain or DLT network plays a key

role in the success of these products. Hence, it’s advisable to do

good research before choosing a decentralized identity product for

your software solution.

17.8 Summary

In this chapter, we covered the following topics:

Evolution of Digital Identity with advantages of DID over its

predecessors.