RODIT: Decentralized Identity Token For Secure Digital Identities
RODIT: Decentralized Identity Token using blockchain tech for secure & verifiable digital identities. Randomly-generated, open-source & secure with Ed25519 digital signatures.
Executive Summary This whitepaper introduces Rich Online Digital Tokens (RODiT), a novel approach to authentication, configuration, and licensing for online services leveraging non-fungible tokens on blockchain. RODiT address several key challenges compared to traditional methods like digital certificates and public key cryptography: Simplified configuration, licensing, and authentication processes Prevention of rogue credential issuers Streamlined issuing and secure delivery of credentials Seamless key rotation independent of license expiration Robust protection against man-in-the-middle at...