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⍰ ASK How has the expansion of decentralized identity marketplaces influenced the secure sharing of personal information in e-payment?

Making electronic payments safer in the U.S. got better because of decentralized identity marketplaces. These marketplaces use blockchain tech to let users control their digital identities. People can choose what personal info they want to share, lowering the risk of data breaches and identity theft.

This move towards decentralized identity makes user privacy and security better. Now, individuals don't have to only depend on one place to verify their identity. Because of this, electronic payment processes become more trustworthy, and the chances of identity-related fraud go down.
 

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