Laura Ogidi’s Post

Traditional identity verification methods often fail to meet the demands of our digital world. Governments and enterprises need a scalable, reliable, low-fee, green blockchain with instant finality to build trust and security in identity systems. https://lnkd.in/edXbZpf5 #AlgorandCan

How does BLS Proof of Possession work? To prove ownership of the public key, you need to sign a specific challenge message using your private key. This proves you control the private key corresponding to that public key without revealing the private key itself. Anyone can verify your proof by checking the signature against the public key. If the signature is valid, they know you control the private key associated with that public key.  BLS Proof of Possession is critical for: Validator Systems to ensure validators actually control their keys in blockchain networks. Identity Verification to securely prove control over a public key without revealing sensitive data.

Decentralized identity is reshaping the landscape of data privacy control in today's digital era. By leveraging blockchain technology, individuals can now manage their personal information securely without relying on centralized entities like tech giants. The immutable nature of blockchain ensures data integrity, while features such as selective disclosure and zero-knowledge proofs bolster privacy protection. Decentralized identity systems empower users with ownership and consent over their data, fostering trust and aligning with evolving privacy expectations. Despite facing challenges like interoperability and awareness, the future of decentralized identity holds promise for revolutionizing online interactions and elevating privacy standards through collaborative efforts and regulatory support. Continue reading 👉 https://lnkd.in/eBW4MBmn

Hi Souls, let's get you hooked up on some Myths vs. Facts about Self-Sovereign Identity (SSI):👇 🔍 Myth: SSI is about full anonymity. Fact: SSI provides privacy, allowing selective disclosure of info—it's not about being anonymous. 🔐 Myth: SSI eliminates trust in verification. Fact: Trust shifts to issuers and cryptographic standards rather than third parties. 📲 Myth: SSI credentials are on the blockchain. Fact: Credentials are stored in users' digital wallets; the blockchain only verifies authenticity. 💡 Myth: SSI is for tech experts. Fact: With user-friendly wallets, SSI is accessible to everyone. 🚀 Myth: SSI will replace traditional ID systems. Fact: SSI is designed to complement, not replace, existing systems. SSI puts you in control of your digital identity!👤 #SelfSovereignIdentity #SSI #DigitalIdentity #BlockchainIdentity #MythBusting #Web3

"What if you actually controlled your own money?" 🔥 We’ve all been there extra fees, delays, paperwork, banks slowing down what should be simple. For the longest time, it was just part of the game. But now, blockchain is changing everything. Today, platforms like Circle’s USDC and Fireblocks are leveling up payments, making transactions faster, more direct, and 100% on your terms. And with real-world assets moving onto the blockchain fractional ownership of real estate, stocks, even high-end collectibles suddenly, you can buy, hold, and transfer value instantly, without banks breathing down your neck. Look at J.P. Morgan’s Onyx, a blockchain platform that’s reshaping how payments work, or RealT, where people are buying shares in real estate with crypto in just a few clicks. This isn’t tech hype, it’s already happening. For businesses, it means fast access to capital, and no more hoops to jump through. It’s not about relying on the same old systems anymore this is what financial freedom was supposed to look like. 🔥  Blockchain isn’t just cutting out middlemen. It’s putting you in control, so you can move value, invest, and own without limits.

🌐💻Privacy vs Centralized control. Which one do you prefer? #funds #digitalassets #venturecapital #equity #privateequity #funding #pe #cvc #privateequity #blockchain #tokenization #rwa #investmentfunds #realworldassets

Internet Computer Protocol Launches Walletless Verified Credentials to Build Trust in the Public Discourse https://lnkd.in/enmDEVdT Internet Computer Protocol (ICP), a decentralized blockchain network that extends the functionality of Web3 by overcoming the limitations of traditional blockchains and smart contracts, has introduced Verified Credentials (VCs), a walletless solution that enables efficient and trustworthy and sharing of personal data while maintaining privacy and control. It was officially unveiled at the Digital Identity unConference Europe (DICE) 2024 in Zurich, Switzerland. Verified Credentials also bring with them the first application designed to prevent the manipulation of public discourse on social media by eliminating the problem of bots and fake accounts, a crucial mission given that nearly half the global […]

Privacy is gone without anyone noticing. Blockchain is leadingracked, every move, every transaction. Cash is vanishing, and soon, even that last bit of anonymity will disappear. But blockchain is stepping in, offering a way to protect what’s left of our privacy. With tools like Monero, financial privacy is possible again. No middlemen, no oversight. Just pure, untraceable transactions between you and who you choose. As cash fades, expect privacy-focused solutions like Monero to become more crucial for businesses and individuals alike. The future is digital, and protecting privacy will require new tools. Blockchain is leading the way.

Internet Computer Protocol Launches Walletless Verified Credentials to Build Trust in the Public Discourse https://lnkd.in/eiixJRKD Internet Computer Protocol (ICP), a decentralized blockchain network that extends the functionality of Web3 by overcoming the limitations of traditional blockchains and smart contracts, has introduced Verified Credentials (VCs), a walletless solution that enables efficient and trustworthy and sharing of personal data while maintaining privacy and control. It was officially unveiled at the Digital Identity unConference Europe (DICE) 2024 in Zurich, Switzerland. Verified Credentials also bring with them the first application designed to prevent the manipulation of public discourse on social media by eliminating the problem of bots and fake accounts, a crucial mission given that nearly half the global […]

Join the our upcoming webinar: Ensuring consumer data protection through #Blockchain and #DLT #Standardisation 📅 Date: 10th December 2024 ⏰ Time: 12:00 PM CET (Duration: 60 minutes) The digital era has transformed how we interact, transact, and share information. With these advancements come increased challenges in consumer privacy and data security. How can technologies like Blockchain and DLT pave the way for more secure and trustworthy digital services? Join SEEBLOCKS.eu experts and industry leaders as they explore how blockchain standardisation aligns with the EU’s latest regulations, including GDPR, eIDAS, MiCA, and more What You’ll Gain: ✅ Insights into blockchain’s role in enhancing consumer privacy and data trust ✅ Updates on global standards in security, privacy, and identity management ✅ Knowledge of best practices for processing personal data using blockchain technologies Reserve Your Spot here: https://lnkd.in/eHbe3C9u