DID Standards

Definition ∞ DID Standards are technical specifications for Decentralized Identifiers, a new type of globally unique identifier that is cryptographically verifiable and self-owned. These standards permit individuals and organizations to control their digital identities without reliance on centralized authorities. They establish interoperability and security protocols for identity management within decentralized systems.
Context ∞ The development and implementation of DID Standards are critical for the advancement of Web3 and self-sovereign identity initiatives. News often highlights progress in these standards as they aim to solve privacy and data control issues prevalent in traditional online identity systems. Adoption across various platforms and regulatory acceptance remain key areas of discussion.