A few weeks ago I wrote an issue describing how NFTs will form the basis of our online identity. A combination of NFTs purchased and NFTs earned paint a pretty accurate, nuanced picture of who we are and how we spend our time. After I published that issue, several readers contacted me about another framework for online identity based on decentralized identifiers (DIDs) and verified credentials (VCs) - two Web standards championed by the World Wide Web Consortium.
Personally, I don't think it's NFTS vs DIDs. I think projects like Ceramic and DIDs in general are a great solution for a distributed identity. A way for people to manage their identity in one place, and use it across apps.
At the same time, NFTs are a great in showcasing what you are passionate about. If it's certain artists, musicians, sports team, events you went to, etc.
Together, both solutions provide an holistic view of who we are or how we want to represent ourselves.
Thank you Andrew. I truly appreciate your expertise on all Crypto Sphere Matters.
Are you familiar with Urbit and their identity solution? How does their project fit in this landscape?
Good summery of the topic.
Personally, I don't think it's NFTS vs DIDs. I think projects like Ceramic and DIDs in general are a great solution for a distributed identity. A way for people to manage their identity in one place, and use it across apps.
At the same time, NFTs are a great in showcasing what you are passionate about. If it's certain artists, musicians, sports team, events you went to, etc.
Together, both solutions provide an holistic view of who we are or how we want to represent ourselves.