A decentralized identity ecosystem focuses on maintaining confidentiality using a cryptographic tree-based solution for key and password management. Decentralized identity management not only increases privacy and security for the consumer, it does so in a machine-readable context for the IoT and smart contract applications. This blog post guides companies to refocus their efforts on the right activities while considering a decentralized identity service.
How to implement decentralized identity management model?
Initialize a Decentralized Identity Project
The main goal of this stage is to start a decentralized identity initiative that evaluates the feasibility and suitability of identity services in your organization. The outcome of this initiative should enhance and demonstrate your organization’s readiness in adopting decentralized identity architecture. Your organization must establish a detailed understanding of processes and requirements. While implementing this architecture, your organization’s project team must consist of an IAM architect, some representatives from compliance, quality assurance, legal and audit teams along with business analysts from a digital team.
Evaluate Vendors and Partners
A number of vendors and startups are now taking the concept of decentralized identity seriously. Several vendors are looking for anchor clients in the market. Organizations should make use of this opportunity to gain the advantage of negotiating favorable terms in return for enabling vendors to improve and enhance their services.
Plan for Decentralized Identity Models
Technical experts should work on planning decentralized models that facilitate interoperability between traditional, federated and centralized identity management systems. Project leaders must study use cases to understand risk management and deployment techniques while building decentralized identity models by combining multiple technologies.
Prepare for Initial Failures
Research shows that several decentralized identity management project teams follow traditional methodologies while addressing potential process issues. Instead, an organization’s approach should be on adapting rapid market development process and techniques. Create a dual-verification environment that can be useful for testing and validating the outcome.
Establish an Association with Trusted Parties
Decentralization by using blockchain networks and simulated decentralization operated by a single organization is not usually recommended. Permission-less blockchains causes exposition of specific operational risks. Experts believe that an association model can be developed that leverages ITF quality assurance requirements.
Design Effective User Experience
Allowing users to manage their own identities and profiles can be an overwhelming process for them. This shouldn’t burden users to such extremities that they prevent adoption. Although a decentralized identity model is not an attractive model for exploitation, designing an effective user interface can demonstrate to users how they can exploit systems in a simpler manner.
Leverage Blockchain-Enabled ITF
Long-term solutions require implementation of a distributed protocol that can primarily address blockchain’s shortcomings. Utilization of blockchain enabled technology can promise a more robust foundation.
Using these techniques, you can easily implement decentralized identity management strategies.
