Hypersign Identity (HID)

Hypersign Identity, the crypto

Hypersign Identity (HID) is a decentralized identity and access management (IAM) solution that uses blockchain and cryptographic technology to provide secure and verifiable authentication and authorization mechanisms. It allows users to own and control their identities and share their personal information only with the parties they trust.

The point

The main point of Hypersign Identity (HID) is to eliminate the need for centralized trust authorities, such as identity and access providers, by enabling individuals and organizations to create, manage, and validate their digital identities in a decentralized and secure way. HID aims to provide a seamless and privacy-preserving user experience while ensuring that only authorized parties can access sensitive data.

The problem

Hypersign Identity (HID) tries to solve the problem of centralized identity and access management systems that are vulnerable to data breaches, identity theft, and privacy violations. These systems rely on a hierarchical and siloed approach to identity management, where users need to trust third-party providers with their personal information. HID aims to establish a decentralized identity infrastructure that ensures data protection, interoperability, and user control over their digital identity.