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by qznc
3207 days ago
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Identity is still a huge open problem. There are blockchain projects who promise to solve it (Civic is probably the most popular). I do not believe a blockchain will solve it. The core problem is that you need a network of trust. Currently, we have governments as trust masternodes via identity cards. Then there are secondary master nodes companies like Facebook, Google, Telekom, Vodafone, etc, where verification is easier and faster, but less reliable. How does a blockchain improve anything about it? Here is the challenge: There is a kid born in rural Africa. How could you proof to someone with a smartphone in the US that this human being exists? |
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Better question: What would you even need that proof for?