It’s just what it sounds like: a standard way to use an Ethereum wallet that you own as an identifier across multiple services. If your first thought is, “my name isn’t even attached to my ETH wallet,” that’s exactly the point: Using a cryptographic marker as an identity means the user, not the identity provider, has total control over what information is associated with it. Eventually, you’ll be able to decide, for instance, whether a particular service needs your name, proof of your age, or a glimpse of your ETH balance. You won’t have to send all that information to every service you use.
It’s simply what it feels like: a normal means to make use of an Ethereum pockets that you simply personal as an identifier throughout a number of providers. In case your first thought is, “my title isn’t even connected to my ETH pockets,” that’s precisely the purpose: Utilizing a cryptographic marker as an id means the consumer, not the id supplier, has whole management over what data is related to it. Finally, you’ll be capable to resolve, as an example, whether or not a selected service wants your title, proof of your age, or a glimpse of your ETH stability. You received’t must ship all that data to each service you employ.