WEB5: A DECENTRALIZED WEB PLATFORM
Putting you in control of your data and identity
The web democratized the exchange of information, but it's missing a key layer: identity. We struggle to secure personal data with hundreds of accounts and passwords we can’t remember. On the web today, identity and personal data have become the property of third parties.
Web5 brings and data storage to your applications. It lets devs focus on creating delightful user experiences, while returning ownership of data and identity to individuals.
Control Your Identity
Alice holds a digital wallet that securely manages her identity, data, and authorizations for external apps and connections. Alice uses her wallet to sign in to a new decentralized social media app. Because Alice has connected to the app with her decentralized identity, she does not need to create a profile, and all the connections, relationships, and posts she creates through the app are stored with her, in her decentralized web node. Now Alice can switch apps whenever she wants, taking her social persona with her.
Own Your Data
Bob is a music lover and hates having his personal data locked to a single vendor. It forces him to regurgitate his playlists and songs over and over again across different music apps. Thankfully there's a way out of this maze of vendor-locked silos: Bob can keep this data in his decentralized web node. This way Bob is able to grant any music app access to his settings and preferences, enabling him to take his personalized music experience wherever he chooses.
wallets act as agents for individuals or institutions by facilitating identity and data interactions
Decentralized Web Nodes (DWNs)
personal datastores that hold public and encrypted data
Decentralized Web Apps (DWAs)
web apps enhanced with decentralized identity and data storage capabilities
Decentralized Identifiers are a W3C international standard for identifiers created, owned, and controlled by individuals, without reliance on centralized entities
Self-Sovereign Identity Service
An in-a-box service that handles the full Verifiable Credentials lifecycle, including issuance, verification, revocation, and more