🥷 Deep-Dive on B2B Identity Software

Web2 identity solutions are centralised. You give your identity data to third party providers. As a result, there is a security and privacy risk. With Web3, you would be the single owner of your identity data. Your credentials would be stored on-chain and validated once by credential verifiers. Third party services which want to verify your identit... See more

Passwords must die because they are neither convenient nor secure. We are moving toward a password-less authentification paradigm in which passwords are being replaced by alternative authentification methods that are both more convenient and secure like magic links and single-sign-in (e.g. login with Google).

Identity management is a tricky balance between convenience and security

-Web3 authentication (Metamask, Phantom): solutions using blockchain technologies to authorize and authentify users.

-Identity verification (Onfido, Checkr): solutions to verify the identity of a person or a business before creating an account or processing a transaction.

-Authentication & authorization (Okta, Auth0): solutions for businesses to manage securely logins and accounts of their employees or customers.

We break down the identity software landscape into 3 segments: