Decentralized identity is an identity management framework based on open standards.

DIDs are created and generated cryptographically.

Verified Credentials (VC) Our credentials, like university degrees, proof of work experience, or healthcare background issued by trusted entities, bring us many advantages in the physical world.

So, issuers or verifiers can only access the information shared by the DID holder.

That’s why generating decentralized identities using UIP is expected to be feeless as well.

Ontology’s ONT ID is another decentralized identity solution built using the W3C standards.
Source: NFTNewsToday.com
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