Use Cases
All this sounds great, but what are the actual use cases of decentralized identity and SSI in web3 and other applications?
- Rich identity profiles of users without being vendor locked
- Privacy and sovereignty of data
- Protection against Sybil attacks
- Receive and present identity data without paying expensive gas fees (SSI works off-chain)
- Provide access to hidden resources within the community to members with certain VCs
- New ways of DAO governance based on earned achievements and skills
- Faster and reusable identification (KYC)
- Every other use case you come up with ... :)
In this place, we would like to mention many exciting projects already using DIDs and VCs in very cool ways:
Check out their websites to see what they are up to!