Kilt Protocol
KILT Protocol empowers individuals and organizations to manage their digital identities and control their data within the Polkadot ecosystem.
KILT Protocol: Unleash Self-Sovereign Identity on Polkadot
KILT Protocol empowers individuals and organizations to manage their digital identities and control their data within the Polkadot ecosystem. Here’s a breakdown for your Polkadot dapps directory:
What is KILT Protocol?
- A blockchain protocol built on Polkadot for self-sovereign data and interoperability.
- Enables users to create and manage decentralized identifiers (DIDs) to represent their digital identities.
- Allows trusted entities (Attesters) to issue verifiable credentials (VCs) that attest to user attributes.
Key Features:
- Self-Sovereign Identity: Users control their DIDs and decide what data to share with whom.
- Revocable Credentials: Attesters can revoke credentials if necessary, ensuring data integrity.
- Secure and Private: TEE technology safeguards sensitive information during credential issuance and verification.
- Trust Marketplace: Attesters can be compensated for issuing trusted credentials.
Benefits:
- Empowers Users: Individuals gain control over their digital identities and data.
- Enhanced Security: TEE protects sensitive data during credential processing.
- Streamlined Trust Management: Reduces reliance on centralized authorities for identity verification.
- New Business Models: Enables businesses to build on trust infrastructure for innovative applications.
Components:
- DIDs: Unique identifiers for entities on the KILT blockchain.
- Verifiable Credentials (VCs): Issued by Attesters to certify user attributes.
- Attesters: Trusted entities authorized to issue VCs.
- KILT Token (KILT): Used for network fees, resource allocation, and staking within the KILT ecosystem.
How it Works:
- User Creates DID: A user creates a DID on the KILT blockchain to represent their digital identity.
- Request Credential: The user requests a credential from a trusted Attester for a specific attribute.
- Attester Issues VC: The Attester verifies the claim and issues a VC if satisfied.
User Presents VC: The user selectively presents relevant information from the VC to a Verifier. - Verifier Checks Authenticity: The Verifier confirms the VC’s authenticity and trusts the Attester.
KILT vs. Centralized Identity Management:
- KILT eliminates the need for centralized authorities, giving users control over their data.
- Revocable credentials ensure data accuracy and prevent misuse.
- Secure enclaves protect sensitive information during credential processing.
Explore KILT Further:
Incorporating KILT into Polkadot Dapps:
KILT offers a unique solution for dapps requiring secure and user-controlled identity management. By integrating KILT, developers can build trust-based applications that empower users and unlock new possibilities within the Polkadot ecosystem.
- Related Token/s: Kilt
