Decentralized identity verification on blockchain
The frustration of individuals having to repeatedly verify their identities for various services can be solved through a decentralized identity verification system on blockchain. Users can create a digital identity once, securely store it on the blockchain, and grant access to service providers when needed, saving time and effort. Market Size: According to a report by MarketsandMarkets, the global blockchain market size is expected to reach $39.7 billion by 2025.
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