A Bank´s Nightmare
Tell The Word About Your Identity With No Fear of Loosing It
The way we prove our identity to others remains reliant on paper and plastic documents, physical contact and handwritten signatures.
Today, our identity data are held by individual organizations as we engage offline and online. Often, data is poorly integrated and out of date. This duplication is error prone and inefficient, and present security risks.
There ought to be a simpler way to maintain our identity, with a master identity records. For this reason, it’s maintained directly by each user. Blockchain applications offer a solution to allow both security and privacy, with a distributed identity platform.