this post was submitted on 08 Jul 2023
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This would require either a central authority for registering and managing the identities, or the path of distributed ledger, where identity is confirmed with digital signatures when transacting - the second option is what crypto is. Some type of Blockchain tech could service it but all crypto related technology is buried in bad optics right now due to the current state of it being a big mouse trap setup by venture capital to squeeze money out of people without the protections of regulation afforded by their centralized identity management (which is run by the native government that the users are a citizen of.)
Or….everybody’s favorite tech buzzword….you go blockchain.
Once someone had a technical problem. "I know," they said. "I'll put it on the blockchain." Now they have a million technical problems.