A User-Centric System for Verified Identities on the Bitcoin Blockchain
This addresses identity verification for users in decentralized systems, offering a novel approach but is incremental as it builds on existing blockchain technology.
The paper tackles the problem of decentralized identity management by proposing a system integrated into the Bitcoin blockchain, enabling indelible identities with shared control between users and providers, allowing user management and provider revocation.
We present an identity management scheme built into the Bitcoin blockchain, allowing for identities that are as indelible as the blockchain itself. Moreover, we take advantage of Bitcoin's decentralized nature to facilitate a shared control between users and identity providers, allowing users to directly manage their own identities, fluidly coordinating identities from different providers, even as identity providers can revoke identities and impose controls.