Are you looking to add Decentralized Identity Solutions to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Decentralized Identity Solutions statistics of 2024.
My team and I scanned the entire web and collected all the most useful Decentralized Identity Solutions stats on this page. You don’t need to check any other resource on the web for any Decentralized Identity Solutions statistics. All are here only 🙂
How much of an impact will Decentralized Identity Solutions have on your day-to-day? or the day-to-day of your business? Should you invest in Decentralized Identity Solutions? We will answer all your Decentralized Identity Solutions related questions here.
Please read the page carefully and don’t miss any word. 🙂
On this page, you’ll learn about the following:
Best Decentralized Identity Solutions Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 33 Decentralized Identity Solutions Statistics on this page 🙂Decentralized Identity Solutions Market Statistics
- Metamask primarily monetizes through its embedded swap feature, which aggregates data from decentralized exchange aggregators, market makers, and DEXs and adds a 0.85% swap fee on top. [0]
Decentralized Identity Solutions Adoption Statistics
- In Denmark, NemID , the domestic digital ID scheme, is now reaching 100% adoption, which enabled the government to make online access mandatory to public services in the country. [1]
- With additional features being launched and growing adoption of ENS by dApps, it is likely that Web3 users will increasingly use ENS as their de facto public identity on Ethereum. [0]
Decentralized Identity Solutions Latest Statistics
- According to pre pandemic statistics, airlines around the world misplace about 25 million bags per year. [2]
- Last updated 29 December 2021 Estimated reading time 13 minutes. [1]
- Aadhaar electronic IDshave been generated (99% of adults). [1]
- In June 2021, theEuropean Commissionhas suggested creating adigital ID walletthat can be used across the EU by more than 80% of the EU population by 2030. [1]
- The global online Internet penetration surpasses 66%. [1]
- Over 92% access the Internet via mobile devices. [1]
- 55% of global internet traffic is mobile in Q1 2021, according toStatista. [1]
- 55% of global internet traffic is mobile in Q1 2021, according to The global smartphone penetration rate is estimated to have reached over78% in 2020. [1]
- Adoption reaching 50% in 2020 and is expected to hit up to 65% by 2025. [1]
- Let’s take two examples In one year, the number of digital identities issued by theItalian national schemeexploded to24mas of September 2021 from 8 in June 2020 according to AGID. [1]
- Gartner predicts that by 2024 over 60% of governments will have tripled citizen digital services. [1]
- According to the report , digital identities based on digital wallets stored securely on mobile devices were identified as a primary asset for a future. [1]
- Only 60% of EU residents have access to trusted id schemes. [1]
- By contrast, with this new digital identity framework, at least 80% should use digital IDs by 2030. [1]
- According to POLITICO, the Digital Identity Act of 2020 is coming back. [1]
- 90% of onboarding costs could be eradicated with high. [3]
- And for many, it’s all too much to keep up with, causing 59% of individuals to prioritize convenience over security by using the same password everywhere—. [3]
- In the U.S. alone, Billing and Insurance Related expenses associated with healthcare cost $496 billion a year and represent 15% of total healthcare spending according to the National Academy of Medicine. [3]
- According to a 2019 report titled Transforming Government for the 21st Century, the Tony Blair Institute for Global change advocates for. [3]
- By 2024, 40% of IAM application convergence will primarily be driven by MSSPs that focus on delivery of bestof breed solutions in an integrated approach, shifting influence from product vendors to service partners. [4]
- By 2024, 30% of large enterprises will newly implement identity proofing tools to address common weaknesses in workforce identity life cycle processes. [4]
- The Cardea ecosystem enables Aruba to move toward a privacy first approach to supporting their tourism industry, which in 2019 accounted for 98.3% of Aruba’s GDP and supported 47,000 jobs—99% of all employment on the island. [5]
- Available to download in PNG, PDF, XLS format 33% off until Jun 30th. [6]
- Eighty eight percent of United States consumers have used social logins such as Facebook or Google to conduct authentication through an existing user account , representing the most prominent examples of federated identity management. [7]
- For instance, loans taken out on ETH on MakerDAO require collateralization ratios of 130–170%. [0]
- Ethereum users found that ~64% already have an ENS, and on chain analytics suggest that the average ENS user owners 2.5 domains. [0]
- The airdrop consisted 25% of total maximum supply; the balance is going to a community treasury and contributors. [0]
- Similar to how browsers were the battlegrounds for Web1 and apps for Web2 , wallets will likely be the battlefield for Web3. [0]
- If you have ever interacted with a Web3 application, you have most likely used Metamask. [0]
- Help protect your users from 99.9 percent of cybersecurity attacks with an identity and access management solution that provides single sign on, multifactor authentication, and conditional access. [8]
I know you want to use Decentralized Identity Solutions, thus we made this list of best Decentralized Identity Solutions. We also wrote about how to learn Decentralized Identity Solutions and how to install Decentralized Identity Solutions. Recently we wrote how to uninstall Decentralized Identity Solutions for newbie users. Don’t forgot to check latest Decentralized Identity Solutionsstatistics of 2024.
Reference
- medium – https://medium.com/amber-group/decentralized-identity-passport-to-web3-d3373479268a.
- thalesgroup – https://www.thalesgroup.com/en/markets/digital-identity-and-security/government/identity/digital-identity-services/trends.
- cointelegraph – https://cointelegraph.com/news/decentralized-identity-can-bring-the-analog-world-into-the-digital-one.
- evernym – https://www.evernym.com/blog/5-ways-decentralized-identity-will-cut-costs-and-grow-revenues/.
- gartner – https://www.gartner.com/smarterwithgartner/5-key-predictions-for-identity-and-access-management-and-fraud-detection.
- indicio – https://indicio.tech/decentralized-identity-opens-the-doors-for-safe-travel-and-tourism/.
- statista – https://www.statista.com/statistics/1263580/worldwide-digital-identity-solution-market-revenue/.
- frontiersin – https://www.frontiersin.org/articles/10.3389/fbloc.2021.624258/full.
- microsoft – https://www.microsoft.com/en-us/security/business/identity-access-management.
How Useful is Decentralized Identity Solutions
One of the key advantages of decentralized identity solutions is the heightened level of security they provide. Rather than entrusting sensitive user information to a single centralized entity, decentralized identity solutions distribute this information across a network of nodes, making it significantly more difficult for malicious actors to compromise. This distributed approach to identity management not only reduces the risk of cyberattacks but also empowers users with greater control over their personal data, enabling them to choose what information to share and with whom.
Furthermore, decentralized identity solutions facilitate seamless and secure transactions in the digital realm by enabling users to easily verify their identities without relying on intermediaries. This eliminates the need for cumbersome and time-consuming verification processes, allowing for a more efficient and streamlined user experience. Additionally, the decentralized nature of these solutions ensures that users retain ownership of their identity and have the freedom to manage and update their information as needed.
In addition to enhancing security and user control, decentralized identity solutions offer a range of other benefits, including increased privacy and interoperability. By enabling users to share only the necessary information for a specific transaction, these solutions help protect sensitive data from unauthorized access and misuse. This not only bolsters user trust and confidence in digital interactions but also ensures compliance with data protection regulations such as GDPR.
Moreover, decentralized identity solutions promote interoperability by enabling seamless authentication and authorization across different platforms and applications. This interoperability not only simplifies the user experience but also opens up new possibilities for innovative services and collaborations in the digital ecosystem. By fostering a more connected and cohesive digital infrastructure, decentralized identity solutions have the potential to revolutionize how we interact and transact online.
While decentralized identity solutions undoubtedly offer a range of advantages, they are not without challenges and limitations. One of the primary obstacles to widespread adoption is the lack of standardization and established protocols in this emerging field. As decentralized identity solutions continue to evolve, stakeholders must work together to establish common standards and best practices to ensure interoperability and consistency across different implementations.
Additionally, educating users about the benefits and implications of decentralized identity solutions is crucial to driving adoption and building trust in these innovative technologies. By raising awareness and promoting transparent communication, stakeholders can empower users to make informed decisions about their digital identities and privacy.
In conclusion, decentralized identity solutions have the potential to revolutionize how we manage and protect our digital identities in an increasingly connected world. By prioritizing security, user control, privacy, and interoperability, these innovative solutions offer a compelling alternative to traditional centralized systems. With continued collaboration and education, decentralized identity solutions have the power to transform the digital landscape and empower users to take ownership of their online identities.
In Conclusion
Be it Decentralized Identity Solutions benefits statistics, Decentralized Identity Solutions usage statistics, Decentralized Identity Solutions productivity statistics, Decentralized Identity Solutions adoption statistics, Decentralized Identity Solutions roi statistics, Decentralized Identity Solutions market statistics, statistics on use of Decentralized Identity Solutions, Decentralized Identity Solutions analytics statistics, statistics of companies that use Decentralized Identity Solutions, statistics small businesses using Decentralized Identity Solutions, top Decentralized Identity Solutions systems usa statistics, Decentralized Identity Solutions software market statistics, statistics dissatisfied with Decentralized Identity Solutions, statistics of businesses using Decentralized Identity Solutions, Decentralized Identity Solutions key statistics, Decentralized Identity Solutions systems statistics, nonprofit Decentralized Identity Solutions statistics, Decentralized Identity Solutions failure statistics, top Decentralized Identity Solutions statistics, best Decentralized Identity Solutions statistics, Decentralized Identity Solutions statistics small business, Decentralized Identity Solutions statistics 2024, Decentralized Identity Solutions statistics 2021, Decentralized Identity Solutions statistics 2024 you will find all from this page. 🙂
We tried our best to provide all the Decentralized Identity Solutions statistics on this page. Please comment below and share your opinion if we missed any Decentralized Identity Solutions statistics.