Identity management, also known as “ID management or identity and access management” is a framework of organizational processes where access to technological resources is only given to authorized users. As an access control system, its ultimate relevance is security, and to achieve this, identity management should be adequately structured on blockchain
With blockchain technology, these users are effectively managed by simply making a person’s identity traceable and verifiable, as well as enabling credibility among everyone in the network. Also, with improved digital identity security, blockchain technology encrypts appropriate access to the right users.
Digital identity containing the data of large verified individuals should no longer be stored on a centralized server due to the threat of being hacked, attacked or lost. Instead, this database responsible for building trust should be on a decentralized server.
Similarly, HADES, a product developed by Africa BIoT labs in collaboration with Sankore, is a decentralized identity management system with many incomparable advantages.
To define Hades;
Hades is a one-stop identity management and verification database product for African-based blockchain or decentralized projects that require reliable and up-to-date KYC integration. This system is built using the Near technology blockchain, it has a well-enhanced identity management infrastructure that will allow all decentralized applications for African markets to plug in and benefit from the complete database of registered users.
ESSENTIAL FEATURES OF HADES
- Hades is a fashion meeting technology design that enables NFC and NFT combination for identity database management.
- Hades allows all decentralized applications for African markets to plug in and benefit from the complete database of registered users.
- Hades is a one-stop identity management and verification database for African-based blockchain projects that require reliable and up-to-date KYC integration.
COMPETITIVE ADVANTAGE WITH HADES
- Records and traces of sessions and transactions on each identity account are kept
- It is built with an incentive system that encourages trust and transparency while securing the user’s data.
- It is a completely decentralized and self-updating database
- Users can store all forms of identity on a simple and compact chip
With Hades, African-based projects can have an updated identity management database for accurate KYC integration.
