Blockchain Identity


Blockchain Identity (or Blockchain ID) is a generic term used to refer to any Digital Identity on the blockchain.

Entity can have one Blockchain Identity or many and can register them just like one would register domain names or accounts on Facebook or Twitter.

The main difference between blockchain identities and accounts on any other service is that blockchain-based systems have strong ownership.

Blockchain identities can not be confiscated by any service because the system defines ownership according to ownership of Public Key-private Key, just like ownership of coins on Bitcoin.

This is in direct contrast to Twitter or Facebook usernames, which could be confiscated or censored at any time by the respective companies that they belong to.

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