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by szszrk
297 days ago
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So?
I'd say the 340 million of people that actually could verify with a bank is not a bad attempt. 1. 7 million (2020) has no proper ID [0]. 2. 120 million struggle with reading [1], and you can assume at least 7 million realistically can't read. 3. Banks already do identity verification across the world, even on behalf of the governments themselves. I see many challenges in what OP is proposing, but banking adoption across population is not one of them. [0] https://www.voteriders.org/voter-id-research/ [1] https://www.apmresearchlab.org/10x-adult-literacy |
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My attempt at _a_ solution isn't _THE_ solution; but it seems like there's legitimately something around leveraging existing KYC infra that could get a solid 98 out of 100 - and can realistically be implemented in a realistic timeframe.
If I'm AYLO and have been cut off from 1/3 of the U.S. for the last 18 months, I'm contacting every lawyer, cryptographer, and engineer I can get my hands on to try and get _anything_ out of this concept or ones like it.