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Building Decentralized Identity with Verifiable Credentials on Ethereum Using ERC720 and ERC735 | by Ranjithkumar C | The Capital | Sep, 2024

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Within the evolving panorama of decentralized programs, the necessity for safe, privacy-preserving, and user-controlled identities has turn into paramount. Conventional identification programs are centralized, creating vulnerabilities equivalent to knowledge breaches, identification theft, and lack of person autonomy. The arrival of decentralized identification (DID) frameworks, powered by blockchain, presents an answer to those challenges.

This publish explores how one can construct a decentralized identification system on the Ethereum blockchain utilizing ERC720 and ERC735 requirements. We are going to delve into how ERC720 facilitates the administration of identification claims and the way ERC735 helps verifiable credentials, permitting customers to have full management over their identification knowledge. By implementing these requirements, builders can create safe, interoperable, and user-friendly identification options that align with Web3 rules.

What’s Decentralized Identification?

Decentralized Identification (DID) is an idea the place people or organizations can create, personal, and management their identification with out counting on a government. Not like conventional identification programs, that are managed by governments or firms, decentralized identification is predicated on blockchain know-how, enabling customers to handle their…



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Tags: BuildingcapitalCredentialsdecentralizedERC720ERC735EthereumIdentityRanjithkumarSepVerifiable
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