NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3 By Cointelegraph

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NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3

Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the service provider. Self-sovereign digital identity is often cited as a human right that can reclaim agency using blockchain technology, but what frameworks exist that aid in governing it?

On Aug. 2, NFT Steez, a bi-weekly Twitter (NYSE:) Spaces hosted by Alyssa Expósito and Ray Salmond, met Marjorie Hernandez, the co-founder of LUKSO and The Dematerialized to discuss the state of blockchain-based identities and “Universal Profiles.” According to Hernandez, in the future, “everything will have a digital identity.”