I believe we are all familiar with the term single point of failure. If not, let's dig in.

Traditional centralized identity verification systems are prone to significant risks, including single points of failure, scalability issues, privacy concerns, and operational risks.
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The shift to decentralized identity solutions is vital. By leveraging blockchain's distributed nature, we can mitigate single points of failure and enhance security and privacy, paving the way for more resilient systems that empower users.