How do we handle distributing identity? DID stands for distributed identifiers, and today we talk about Web3 as well as distributing identity.
Distributing identity is not just about people and personal identity, but also about things and how we identify and track different things in a distributed way without a centralized infrastructure. That’s fundamental to what Web3 is talking about.
How do we break down the centralization that we have been building over the last 15 years of what Web3 people call Web2, and look at ways to do it in a decentralized way where the trust is between the parties involved? Where it’s set up in a way that you don’t have to have a centralized trust authority.
We spend a lot of time talking about this, what the spec is, what it means, and looking at it in a broader context.