According to recent research, public blockchain will be able to provide a core interoperable foundation for global decentralized identity management by as early as 2025. Computer Weekly brought this interesting topic to our attention in their article, “Putting blockchain technology to good use.”
In the Gartner 2019 CIO Agenda survey, 60% of CIOs said they expected some level of adoption of blockchain technologies in the next three years. If it progresses as projected, blockchain can offer a way to manage records without any central control. This means that blockchain will find plenty of uses to support the always-connected nature of society.
Identity theft is one issue with improper identity management. It happens when someone steals your personal information to commit fraud. Identity management includes authenticating users and determining whether they’re allowed access to particular systems. Identity management is focused on authentication, while access management is aimed at authorization.
Identity management is an important part of the enterprise security plan, as it is linked to both the security and productivity of the organization.
Melody K. Smith
Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.