.bit Description

A conventional account serves as a data repository that is not owned by you, exemplified by your Facebook account, which functions solely to retain your personal information within the platform. While Facebook retains ownership of your account and exerts full authority over it—including the power to delete or alter your account data at will—other examples of traditional accounts encompass email addresses, mobile phone numbers, and Twitter accounts, none of which actually belong to you. In contrast, a .bit represents a novel type of data repository that grants you ownership without the need for permission. Although any application can access the data stored within a .bit, only you possess the ability to input information into it, ensuring your complete control and ownership over this container. Importantly, nobody can erase it, effectively restoring your data sovereignty. As a self-sovereign data container, a .bit allows you to utilize a singular account across various applications, consolidating your data into one cohesive repository instead of having it scattered across multiple traditional accounts. This transformation signifies a significant shift in the way we manage and control our personal information.

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Company Details

Company:
DID.ID
Year Founded:
2020
Website:
www.did.id/

Media

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Customer Support
Online Support

.bit Features and Options

Identity Management Software

Access Certification
Compliance Management
Multifactor Authentication
Password Management
Privileged Account Management
Self-Service Access Request
Single Sign On
User Activity Monitoring
User Provisioning

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