[RexetBlell]

The dream it's to then be able to share a portion of your information with another party without revealing everything. For example, you can share "my credit rating is above 750 and I'm 32 years old" and nothing else. This can be accomplished with zero knowledge proofs which are going to be possible on Ethereum later this year.

[sanderjd]

Thanks, that makes a lot of sense.

Edit: There does seem to be a bootstrapping issue though. Right now the centralized entity is basically vouching for new people until their individual reputation builds.