In the context of a distributed ledger technology (DLT)-based identity management system, this document identifies the various types of trust anchors and analyzes the personally identifiable information (PII) of a data subject, processed by trust anchors. It examines the complete cycle of PII processing by trust anchors within a DLT-based identity management system. Additionally, it outlines privacy considerations, detailing both technical and organizational controls to protect the PII of data subjects managed by trust anchors. Furthermore, the document provides examples of PII protection measures within a DLT-based identity management system.