Identity-Based Authentication Establishes New Standards in the Industry for Secure and Quick User Onboarding

Blockchain-based decentralized identification systems are growing more popular, yet this poses challenging issues for certifying identities over wide-ranging networks. These technologies are becoming alarmingly more vulnerable to privacy and security threats as a result of interoperability, necessitating rapid action. Detecting real identities from fraudulent ones is extremely challenging due to the skill with which fraudsters combine authentic and misleading information in synthetic identity fraud. A emerging problem is deepfakes, which produce incredibly convincing speech, video, or photos that impersonate real individuals and make it more difficult to recognize and stop impersonation attacks.