In today's digital world, we hand over large amounts of personal data over to corporation, who in turn use this data to sell to advertisers. We have no control over how our data is used and risk losing our identities through cybersecurity attacks. Since identity is such a central part of our life and society, we need to ensure that we have full ownership and control. And this is the primary foundation Self-Sovereign Identity (SSI) is be built upon.
Self-sovereign identity (SSI) is the concept of allowing individuals or organizations to have sole ownership of their digital and analog identities, and full control over how their personal data is shared and used. SSI adds a layer of security and flexibility allowing the identity holder to only reveal the necessary data for any given transaction or interaction.