Blocking can put an end to the existing security model based on passwords. If the identifiers are stored decentrally, you can forget about hacking, writes MIT Technology Review. Identity on the Internet needs to be updated. More and more IT entrepreneurs are convinced that the key to the revolution in this area will be the blockbuster. Technology can eliminate the need for centralized storage of passwords, and users will have constant control over access to their data, says Evermym chief trust manager Drummond Reed. His startup is developing a block-network for managing digital IDs. Identification systems rely on encryption using public keys - the same technology that is used by the network of transaction servers. But in consumer applications, it is difficult to apply. Public key cryptography is based on key pairs, one of which is open, and the other is private. The owners of bitkoynov are represented in the block-network by public addresses - this is a public key. "Purses" are used to manage secret keys. Like a real purse, they can also store credentials that serve as proof of identification, Reed says.. Using a smartphone, a person can use such an application to control access to credentials. State of Illinois recently agreed with Evernym on the creation on the detachment of birth certificates for children born on its territory.

And the city of Zug (Switzerland), together with the startup uPort launched a project to create digital distributed IDs based on Ethereum. The Brazilian government is also experimenting with uPort technology. However, it remains to convince people to switch to encrypted logins, names and passwords, which not everyone will be ready for, says director of development of the investment company Digital Currency Group Meltem Demiors.

The blockade will put an end to the era of passwords.