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You're reading from  Mastering Blockchain - Fourth Edition

Product typeBook
Published inMar 2023
PublisherPackt
ISBN-139781803241067
Edition4th Edition
Concepts
Blockchain
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Author (1)
Imran Bashir
Imran Bashir
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Imran Bashir

Imran Bashir has an M.Sc. in Information Security from Royal Holloway, University of London, and has a background in software development, solution architecture, infrastructure management, and IT service management. He is also a member of the Institute of Electrical and Electronics Engineers (IEEE) and the British Computer Society (BCS). Imran has extensive experience in both the public and financial sectors, having worked on large-scale IT projects in the public sector before moving to the financial services industry. Since then, he has worked in various technical roles for different financial companies in Europe's financial capital, London.
Read more about Imran Bashir

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Challenges

With all this innovation and evolution, it is clear that the future is Web3 and identity will play a vital role in making the ecosystem a reality and will enable novel use cases that were simply not possible in the web 2.0 world. However, some challenges need to be addressed to further improve the SSI ecosystem:

  • Lost device – What if a device (mobile phone) on which all of a person’s VCs are stored is stolen or left behind on a train? It is actually the same as a physical wallet with paper credentials such as a passport, ID card, etc. being lost. Some effort has been made to alleviate this issue, but a lot needs to be done. How can lost credentials be recovered instead of requesting them again from the issuer? It’s probably quicker, due to their digital nature, to get them issued to you again, but still, if there is a possibility of recovery, it would be a much more user-friendly solution.
  • The transition from web 2.0 to Web3 poses some...
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Mastering Blockchain - Fourth Edition
Published in: Mar 2023Publisher: PacktISBN-13: 9781803241067
© 2023 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Imran Bashir

Imran Bashir has an M.Sc. in Information Security from Royal Holloway, University of London, and has a background in software development, solution architecture, infrastructure management, and IT service management. He is also a member of the Institute of Electrical and Electronics Engineers (IEEE) and the British Computer Society (BCS). Imran has extensive experience in both the public and financial sectors, having worked on large-scale IT projects in the public sector before moving to the financial services industry. Since then, he has worked in various technical roles for different financial companies in Europe's financial capital, London.
Read more about Imran Bashir

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