What is IAM? What is that for? Is that connected with content directly?
IAM is a framework that helps in securely managing digital or electronic identities. This framework not only includes policies for managing digital identities but also includes the technologies that are required to aid identity management.
With IAM technology, users will be able to control user access to personal or critical information. IAM can also be used as a role-based access control where organizations can regulate access to information through administrators/managers. Access management, in this context is the ability of a user to perform a task like creating, viewing or modifying a file. This provides a secure way to store identities and data, ensuring that the data that is only relevant is shared.
IAM securely initiates, stores, manages user identity and access permissions, and ensures that the users are who they claim to be.
Understandable, and how is IAM compatible with the Blockchain?
Blockchain has emerged as a champion in the technology market and we hear it every day. When team DACC was envisioning combining blockchain with IAM, they answered many difficult questions. And they were difficult. Because at that time—blockchain was primarily focused on Bitcoin and the financial services industry.
IAM helps in governing and administering digital identities. DACC’s goal was to ensure that identities should be able to easily and securely access resources based on their entitlement. Meaning that the right entitlement should be assigned to the right identity—creating the perfect match of safety and easy access.
Blockchain is generally a model for discovering, transferring, coordinating and organizing anything of value. Blockchain, when combined with IAM—has the ability to track activities while being completely tamper-proof. By establishing a peer-to-peer network—the nodes store copy of the ledger, making sure that the data integrity is not compromised. This unique feature of blockchain helps in creating a decentralized structure of governance, which is both theoretically and practically autonomous.
The DACC blockchain ecosystem that is IAM-centric, keeps track of identities and gives access to only those who have the right entitlement. This helps IAM in efficient record keeping in real time.
Thanks to blockchains decentralized structure, users have complete freedom from centralized interests and the ability to archive data that cannot be deleted or modified. This makes the DACC platform, the best blockchain based infrastructure for all content based platforms that need IAM solutions.
The DACC platform is a solid solution because:
1) It is scalable
2) It is decentralized
3) It offers tools that facilitate the development of dApps
4) Strongest among its class of service