How is blockchain used in nChain Identity?
FAQ 3
Within the framework of nChain Identity, blockchain functions as a highly secure decentralized data registry. Its primary purpose lies in creating distinct user and organizational Decentralized Identifiers (DiD), ensuring their resilience against tampering. Each DiD is paired with an associated document, securely stored on the blockchain, bolstering the credibility and inviolability of identity information.
The utilization of a public blockchain as our data register confers several advantages. The transparent and decentralized nature of the blockchain enhances the security of identity data, fostering trust in the verification process. The distributed architecture ensures that no single entity has undue control, mitigating the risk of manipulation or unauthorized access. This robust and reliable foundation exemplifies the benefits of leveraging a public blockchain as a secure and tamper-resistant repository for managing digital identities within the nChain Identity ecosystem.
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