Sam Altman's Worldcoin (WLD) exploded in popularity in 2023, bringing the long-dormant decentralized identity (DID) field back into market focus. This is not just a temporary hype, but a natural outcome of the development of the Web3 ecosystem. When we talk about blockchain identity solutions, we are actually discussing a fundamental shift: who controls our digital identities.
From Centralization to Decentralization, the Paradigm Shift in Identity Management
Traditional identity management systems have fatal flaws — your personal information is scattered across multiple centralized institutions such as banks, social media platforms, and government agencies, each becoming a potential target for attacks. DID breaks this situation, returning ownership and control of identity data to the users themselves.
In the world of Web3, DID