Blockchain-based digital IDs have seen significant growth over time. Different bodies, from the EU to Pacific Islands, have showcased support. The blockchain identity market can grow a further $3.58 billion by 2025 at a compounded annual growth rate of 71%.
Every day, individuals carry wallets full of cards. But only a few a widely accepted. Society has established global norms for how we present and verify these physical card credentials. But there needs to be a tangible equivalent for digital certificates/credentials.
(By Shubham Pandey)
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