Topic: Will blockchain technology solve our identity problems? (Read 17097 times)

no it will create new identities

1. Bitcoin Whales

2. NoCoiners

3. Shitcoiners

4. Haters

5. Hodlers

etc.

Bitcoin was invented to do this. To solve the ID problems. You go to the bank to deposit or withdraw the money that is yours. You are asked for your ID. You worked for that money, and that money is yours. Then you want to spend this money with a Credit or Debit card. If you want the card issued they ask for your ID.

What if I could pay with my smartphone (I do not have an NFC smartphone, but I want to buy one). What if I need cash and my Credit Card expires?
With Bitcoin you can go to an ATM bitcoin and get cash directly.

Every month I am FORCED to pay the utilities with cash. They do not know of Credit or Debit Cards, they do not know of Electronic Money (PayPal, Skrill, etc), they do not know of Bitcoin.

90% of the population in my country (Romania) is in this situation.

As stated blockchain technology can be used according to the need. Advantages and disadvantages were part of each and everything, it is us how we take it on the right side. Blockchain have got the solution for the identity through decentralized platform, but this will be highly complicated.

Sure. Blockchain is best tool for securing data
There is or was small stat up Blockai what was giving users possibility to secure his images.art work .photos stored posted on social media
I know that China is now working on blockchain what will protected and securing data
It is even strange to me that there is no that kind of blockchain  start ups

 Blockchain is used to create a platform for the protection from identity theft and other fraud activities .Individuals can also easily create a self identity on blockchain that is fully controlled by the individual itself  personally .so it may be difficult to steal and the blockchain technology could provide a decentralized method of registration that is it cannot be taken without the consent of the owner .Since this is not controlled by a third party influence blockchain technology have renowned with negative and positive effect .Blockchain was originally developed to solve the double spending in cryptocurrency .blockchain enabled the first peer to peer cryptocurrency that is Bitcoin .

Decentralized identity is not easy, we at Enumivo are working towards UBI dapp, decentralized ID is big concern, and sometimes it seems that without some centralization it's just not possible.

Yes it is possible since blockchain can secure large data and information. There might be advantages and disadvantages in using it but there's always room for development and improvement. But I believe that blockchain technology has the ability to solve identity problems.

No need to force anyone to accept blockchain or cryptocurrency technology. It is only necessary to show the advantages and usefulness of this technology, and then people themselves will begin to use it.
As for the problem of identifying people, it is not clear in what respect you think that this is a problem. The blockchain technology allows you to safely store large databases of any data in the mode of free access to this data by others. Therefore, all the information that is used with this technology should be publicly available.

This could be on advantage but in the same time could be a disadvantage disadvantage and that's because now people could transfer dirty money without having to show their identity and this cold happen all over. Anyway I think block chain definitely so many identity problems since many people are afraid of transferring money online because of hackers.

blockcain only stores data on crypto buying and selling transactions. not keep all the data yourself from all of us. so our slow data is still held by the government where we live. so the blockcain technology only completes part of the data from the business, and everything related to crypto, so that there is no connection with crypto, the data can still not be stored in blockcain technology.

There is a lot of possibility that blockchain technology will solve our identity problems. It has a lot of advantages that will serve well for this purpose and make it a reality like storing huge data without losing anyone , data transparency and accessibility at any time it’s needed, inability to manipulate data on the blockchain. These are great value that the blockchain technology will bring to solve the identity problems.

It is a real possibility that the entire block chain technology will change the entire structure in which the data is recorded and stored and in due time major corporates, industries and governments around the world make use of the technology and bring a change in the entire infrastructure on how the data is stored and collected and it will take a long time to fully understand on what all concepts can be done with the innovation of the century.

Blockchain can solve numerous issues the world is experiencing globally but the main issue here is to get everyone to adopt the blockchain technology

I think that everything can indeed be done well. because of the complicated situation there must be a solution. so with the development of technology that is currently developing it is certainly enough to make us certainly more calm. because any situation can be overcome.

I trust this article goes some approach to answer your inquiry: Blockchain identity management

By conveying a record among all individuals from the system, blockchain confirmation dispenses with somebody from malignantly adjusting the bookkeeping. Each time an 'exchange' or square of information adds to the chain, a greater part of the system must confirm its legitimacy. This ensures the trustworthiness of the record. One could then utilize open key encryption, for example, the incredibly secure RSA encryption, to safely send their qualifications. The beneficiary could then check this against a section in the changeless blockchain. This outcomes in an extraordinarily sheltered and solid approach to deal with confirmation of character. exchange time taken could be as snappy as a couple of moments seconds. Thusly, Documents checked on blockchain permits fast conveyance of administration.

How can it function?

There are millions overall who may have likewise produced their character documentation. They may not be actually who they state they are. For example, it might be applicable to see if or not your leader was conceived in Kenya. Or on the other hand more as of late, when many Syrian displaced people professed to be from Syria where 30 percent of them were not from the nation by any means. Right ID ought to be promptly accessible to the individuals who require it, and a freely appropriated record can help. Self-ruling associations can begin framing associations in different worldwide locales issuing carefully confirmed birth endorsements to take care of this issue. Birth testaments and characters confirmed on the blockchain would be unforgeable, time-stepped, and freely saw for all people to see.

Many pioneers, organizations, and charitable administrations are hopping on this thought of "blockchain character". There is likewise a significant number who are considering the current money related framework responsible for taking to incredible wholes of riches laundered from the human dealing exchange. An astounding method to identify this is through straightforwardness with the assistance of blockchain. This could uncover numerous wrongdoings through open money related checking. The dispersed record can indicate where the dealing exchange reserves are going and end them by stopping the utilization of individual managing an account foundation by legitimacy. Whenever done deliberately, the cooperation can work both routes between the general population and banks. These organizations can offer early markers of the human slave exchange by viewing the cash stream themselves with self-direction through the blockchain.

Yes, I think blockchain can handle you some action, however, personally, but still available to the community as soon as it wants.

Many people think that the blockchain network is built in such a way that all of the user data is given to all of the other users on the network , however this is far from the truth, yes the information is present on the network but the difference lies in the fact that each user is given a very small fraction of the data so nobody has access to the whole of it.

In the blockchain network, each users information is spread throughout each other server to ensure no chance of any fraud to occur therefore this can be a very legitimate solution to any fraudulent financial activity or even identity problems as the IP address of every user is stored on the network.

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There is nothing in the Blockchain system about who you are already, there are only numbers and letters which appear in the address.
The exchange is the only place where identity is known, for solving this problem we should use decentralised exchanges.