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by orthecreedence
2845 days ago
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Fuck the blockchain. Just issue public/private keys to citizens. They sign with their private key, banks verify with their public key. Anyone can request your public key from the Social Security Administration via API. Done. The SSN acting both as the identifier and the password is the real problem, and throwing the blockchain into the mix just complicates things more. We still need a central agency. It's the authentication method that is pathetically worthless. |
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Keybase is the only one getting this right, and people are now claiming they're ignoring security in order to do it. It would be a dumpster fire to trust government agencies to get the design requirements right.