© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2024
S. R. GoniwadaIntroduction to One Digital Identityhttps://doi.org/10.1007/979-8-8688-0255-3_8

8. Health Care and Financial Systems with Decentralized Identity

Shivakumar R. Goniwada1  
(1)
Gubbalala, Bangalore, Karnataka, India
 

This chapter introduces the transformative impact that decentralized identifiers (DIDs) could have on the healthcare and financial sectors. It outlines how DIDs will empower individuals and give them control over their personal data, enhancing privacy and security.

This chapter also outlines the challenges of adopting DIDs, including the need for regulatory compliance and system interoperability. This sets the stage for a deeper exploration ...

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