According to Gartner®, “Traditional identity and access management frameworks are no longer scalable, and commercial systems are at a breaking point for users. Decentralized identity solutions give control back to identity subjects. Application leaders must learn how to support Web2 IAM processes from new Web3 DCI frameworks.”¹  

With this union, the first IAM 3.0 solution created, which responds to the innumerable problems that traditional Identity and access control systems already present today, with insecure processes and frustrating user experiences. 

The new solution proposed by Wise Security Global and One Identity is a reliable user authentication solution, passwordless, simple to use, easily integrated and with blockchain cryptography, which makes it more secure and unbreakable. 

The union of these two technologies solves the many problems of traditional authentication systems based on users and passwords. According to Gartner in report, “A new generation of Web3 IAM technologies is emerging that proposes technological solutions to a myriad problems. They include decentralized identity frameworks based on emerging NFT identity and decentralized identifiers’ (DID) W3C standards. The potential is for centralized identity data to move to decentralized identity data, and from unsecurely managed to secure, user-managed and private.” ¹ 

To read the full Gartner predictions and recommendations for decentralized digital identity in 2023, you can click here to access the full document. 

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¹ Source: Gartner, Predicts 2023: Users Take Back Control of Their Identities With Web3 Blockchain, Avivah Litan, Akif Khan, Michael Kelley, Homan Farahmand, 10 January 2023.