Immutable Identity Validation Using Soul bound Token

Immutable Identity Validation Using Soul bound Token

Abhishek Sharma, Mansi Goal, Sarif

ABSTRACT :

The "Immutable Identity Validation System: A Blockchain and Soulbound Token Approach" paper introduces an innovative method for verifying digital identities. By combining blockchain technology and Soulbound Tokens (SBTs), it enhances security and privacy in identity verification processes.

SBTs, designed as non-transferable and tamper-proof digital assets, play a crucial role in bolstering the security and reliability of the system. Their unique properties ensure that user privacy is prioritized while also facilitating swift verification through blockchain transparency.

This approach addresses the growing demand for robust identity verification solutions, particularly in sectors like education and corporations, where fraud prevention and streamlined processes are critical.

The methodology involves various steps, including SBT generation, blockchain integration, user control mechanisms, and stringent security measures. Both frontend and backend development, along with the integration of blockchain using tools like Ganache and decentralized data storage through IPFS, contribute to building a secure and user-friendly system.

Thorough testing, documentation, and knowledge transfer are essential to ensuring the system's reliability, security, and compliance with legal standards. Ultimately, the goal is to establish a globally accepted framework for identity verification in today's interconnected digital landscape.

Keywords:; privacy; security; Blockchain; Cryptography; Decentralization; Soul Bound Token (SBT),

distributed ledger.