Decentralized identity technology aims to do much better, making users and their devices the sole authoritative sources of personal data by using digital identity wallets. These would function as if they were payment wallets, where a user could dole out as much personal data on request as they see fit to share in even more privacy-enhanced ways. Trusted issuers would lodge the data in the form of tamper-resistant verifiable credentials (VCs), and verifiers would have ways of retrieving and checking the sources of these VCs. Distributed ledgers serve to underpin issuer networks.
Today, the language of self-sovereignty had spread far beyond its beginnings as a type of identity to users of many sorts of digital assets, such as cryptocurrency. Digital-asset holders speak of it as something that gives them the autonomy to make their own decisions about those assets, without any interference from third parties or other gatekeepers. So, even if there is still some question about the “self-sovereign” nomenclature in the digital-identity ecosystem, it seems to be increasingly accepted by the digital-assets community.
“Many of our customers want to go to this future where they actually have an API economy and an API catalog and they expose data across all the silos of their company,” Charles Lamanna, corporate vice president for the low-code application platform at Microsoft, tells CIO.com.
Using an API gateway or other API management solutions with a low-code platform “unlocks tons of opportunity, because developers can build those microservices and publish them for other developers to consume, and citizen developers can consume them via the Power platform,” Lamanna says, by way of example.