Don’t Use a Blockchain Unless You Really Need One
Blockchains are inefficient, and worth the cost only when censorship-resistance is required. For money, it clearly is; for identity, it just might be.
Assemblyperson Ron Kim has proposed a decentralized contact tracing protocol and a blockchain-based public banking system for New Yorkers.
The COVID-19 Credentials Initiative (CCI) is working on a digital certificate to help stop the spread of the virus without compromising user privacy.
The Sovrin Foundation, a digital ID non-profit, laid off all paid employees after failing to secure funding for an SEC-compliant token issuance.
Buried in Facebook’s Libra white paper are two sentences hinting the project's ambitions go even further than minting a global currency.
Digital identity is scattered and insecure. ConsenSys' uPort project wants to rework the internet to make "self-sovereign identity" a reality.