Will this happen in our life time?
http://bigthink.com/21st-century-spirituality/will-blockchain-technology-solve-our-identity-problems
http://bigthink.com/21st-century-spirituality/will-blockchain-technology-solve-our-identity-problems
Its unfortunate that a lot of people didn't bother to read the article before commenting on how they think blockchain will solve the problem of identity. The article is well articulated taking a look at all the basic data that we so much cherish about ourselves and how cheap these data are on the dark web where its being traded. The article also didn't say for certainty how the blockchain could solve this problem but highlighted the areas where it could prove useful if harnessed to the fullest focusing on the decentralization power embedded in it that makes it difficult for an individual to control how data is being utilised.
While the blockchain comes with so much hope to the end of data abuses that we have at the moment, it also fail to look at the advantages of data centralization in the hands of those who are to keep the citizens safe. All over the world, only the rich have the resources to pay for his own protection while the masses are left in the hands of government to be protected which makes it necessary for them to have the data in other to prevent all of the attacks before it happens. In conclusion, I think the best is for the two to function in other for everyone to have a safe environment.
But this is the reason why the rich people and governments trying to control people. Those on top want its people to remain common and ordinary and blind so they will remain controllable. The internet revolution paves the way to blockchain though it is sad that there are some governments like China trying to stop it as it is something they cannot control especially when it comes big in the future.
You see there is different between being rich and powerful. Both the rich and the poor are at the mercy of the powerful and that is the government. I can then say that the rich today, are being rich because they are allowed to by the powerful that is why you see the rich finding a way to influence policies and politics in other to keep their empire. The rich are not controlling the poor rather its the government that wants to ensure that is happening and if not for government, the rich would not care about minimum wage, labour law, decency in human life, right to education etc.
What I am saying is that rather than condemning centralization of data, both can work hand in hand while we keep ourselves safe, we should also feel safe from the unknown dangers that only government have the capacity to stop that is the essence of data.
