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IOTA Identity Manager allows millions of businesses and organisations to access the IOTA identity protocols

September 30, 2022
in Crypto News
Reading Time: 3 mins read
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Source: Morrowind – Shutterstock

  • Tangle Labs Identity Manager will provide all necessary tools for easy access to IOTA’s identity protocols.
  • It also makes it easy for developers to deploy self-sovereign identity (SSI) for users to transfer digital data at the highest level of trust.

Earlier this week, Tangle Labs, a platform that builds digital identities on IOTA, made a major announcement with its Identity Manager. Tangle Labs claims that its identity manager will allow businesses and organizations to get easy access to the IOTA identity protocols.

IOTA launched its decentralized Identity protocols to have complete control over one identity also called the self-sovereign Identity (SSI). These solutions aim at offering security against database breaches or the case of lack of trust in any digital setting.

🔥NEW RELEASE🔥@Tangle_Labs Identity Manager allows businesses and organisations the easiest entry into the IOTA Identity protocols.

Open-Source tools for anyone to get setup and using Identity on @iota main net in minutes.

Identity will be the first 1million users on #IOTA pic.twitter.com/QNhQJMKims

— Tangle Labs (@Tangle_Labs) September 26, 2022

On September 26, Tangle Labs released the latest version of its open-source Identity Manager Libraries. As said, the goal is to provide easy access to development tools for businesses to build their decentralized identities on IOTA. These tools will also offer full exposure to the features in a simplified manner.

With its Identity Manager product, Tangle Labs seeks to make it easy for new developers to manage their identities without any technical challenges. As Tangle Labs notes:

By producing an accessible, open-source wrapper library, Tangle Labs provides any business or development team the opportunity to easily explore SSI and to test and prototype solutions that can bring added value to your business.

With an increasing interest in the future of identity online, and with SSI being at the forefront of research for major institutions and organisations, Identity Manager provides the opportunity for any business to get ahead of the game in developing novel identity solutions specific to your use-case.

More about Self-Sovereign Identity

Millions of MBs of digital data are being transferred across the web on a daily basis. However, users rely mostly on centralized platforms that facilitate these data transfers. Self-Sovereign Identity (SSI) provides freedom from this dependency and fosters trust in transferring digital data.

The user has the discretion on what information is being shared and with who it’s shared. Here, the recipient can quickly check the authority and legality of the shared information electronically. The SSI involves the use of cryptographic tools like zero-knowledge proofs, public-key cryptography, and distributed ledger technologies. Thus, two unknown parties can share digital information with a high level of trust.

SSI also makes data-sharing safer and simpler. It also saves money and time for businesses and government organizations using them.

With the most complex decentralized identity libraries, it could be a challenge to navigate through the IOTA Identity protocol. The Identity Manager from Tangle Labs seeks to ease up this complexity and make it easy to deploy the SSI solutions.


Credit: Source link

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