Ripple Might Adopt Decentralized Identity, Here's What to Know About Its Web3 Idea

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Ripple Might Adopt Decentralized Identity, Here's What to Know About Its Web3 Idea
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Ripple to move toward decentralized identity, web3 concept explained RippleXRP XRPArmy XRPCommunity XRP $XRP XRPHolders

Personally identifiable information can be used to identify a specific individual and is considered private and sensitive data. This includes any information that can be used to directly or indirectly identify that person. It typically incorporates such personal information as biometrics like fingerprints, credit card accounts, credit histories and so forth.

In addition to this, data from online electronic devices, such as usernames, passwords and"private keys" for crypto holdings, is also included in the information that makes up a decentralized digital identity. The use of decentralized encrypted blockchain-based wallets serves as the foundation for decentralized identity management. Centralized identity databases are in danger since they might end up becoming the main targets of hackers and data leaks.

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