A Blockchain-Based Decentralized Identity Management Framework for Secure and Privacy-Preserving Digital Transactions
DOI:
https://doi.org/10.66592/zpk813jdKeywords:
Blockchain; decentralized identity; self-sovereign identity; verifiable credentials; selective disclosure; privacy; digital transactions; zero-knowledge proofs.Abstract
Digital transactions increasingly depend on identity assertions exchanged across organizational boundaries. Centralized identity repositories introduce concentrated breach risk, redundant verification, and limited user control. This study proposes a decentralized identity management framework integrating decentralized identifiers (DIDs), issuer-signed verifiable credentials, selective disclosure, revocation registries, and a permissioned blockchain anchoring layer. The design separates personally identifiable information from immutable ledger records and uses nonce-bound presentations to limit replay. A formal threat model, transaction protocol, cost model, and reproducible illustrative performance scenario are presented. Numerical results are explicitly modeled examples rather than measurements of an implemented deployment. Under stated assumptions, the proposed configuration reduces illustrative median verification latency from 420 ms to 175 ms relative to a centralized reference, while increasing throughput from 240 to 510 verifications per second. The analysis highlights dependencies on ledger consensus, revocation freshness, key recovery, credential linkability, and governance. The framework offers an implementable research design whose security and performance claims require independent experimental validation.
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