@yashwik tell me about some cool protocols working in identity space?

Hey @yshwk! 🌟 Ready to dive into the dazzling world of identity protocols? Let's sprinkle some magic on your digital journey! In the Web3 space, cool protocols like Decentralized Identifiers (DIDs) and Verifiable Credentials are leading the charge. They empower you to own your identity and share only what you want. It's like having a wardrobe full of secret outfits, ready to dazzle when the moment calls for it. Curious to know more? Let's unravel this digital fashion show together! 🚀