Speaking in a panel discussion at the Bali Blockchain Summit 2024 at Dharma Negara Alaya in Denpasar on Tuesday (20/8/24,) chairman of the Indonesian Internet Domain Name Manager (PANDI,) John Sihar Simanjuntak announced that they have introduced IDCHAIN, a blockchain-based digital identity management system designed to enhance personal data protection and security, according to reporting from Tempo.
IDCHAIN empowers users to manage, secure, and share their digital identities in a safe and decentralized manner.
Simanjuntak said that data security is the major focus in today’s digital world. The rampant hacking and data leaks are not only a serious threat to the public and companies but also to a country’s defense system and he highlighted blockchain technology as a promising solution for strengthening digital infrastructure, reports Tempo.
“We know that issues of personal data misuse have emerged in the last few days, such as the data of 4.7 million civil servants (ASN) being sold on hacker forums and the ID data misuse for online loans and regional elections, so it is crucial to secure our data,” Simanjuntak said.
“IDCHAIN will play a vital role in the personal data protection ecosystem in the future. Not only does it comply with the Personal Data Protection Law (UU PDP), but it also strengthens individual rights over their data, and brings us closer to a new era where data privacy and security are top priorities,” he added.
Tempo reports that through IDCHAIN, personal data will no longer be controlled by a centralized entity, but by the data owners themselves, while complying with applicable legal regulations, namely Law No. 27 of 2022 concerning Personal Data Protection.
In addition, the UID Protocol within IDCHAIN adheres to the globally recognized W3C DID standard for decentralized identification (DIDs), ensuring that users or UID subjects have full autonomy over their identities, according to Tempo.
“Therefore, for this decentralized identifiers initiative to be accepted by the public, we need key stakeholders, in this case, PANDI, which is very open to cooperation to expand the network and its applications,” Simanjuntak added.
Tempo is reporting that the Bali Blockchain Summit 2024, attended by numerous participants and industry players, showcased a commitment to sustainable innovation in blockchain technology. Minister of Tourism and Creative Economy Sandiaga Uno echoed this sentiment in his speech, saying that he hoped to welcome “a brighter future by using blockchain technology as a solid foundation to protect and develop digital works.”
Source: Tempo
Stock Image by PublicDomainPictures from Pixabay
