Wednesday, 18 September 2019

Blockchain And Digital Identity - Everything You Must Know

What ties movies like Face Off, The Net, and The Talented Mr. Ripley together? The theme of identity theft. Given the amount of data you share about yourself online, it is far easier today for someone to steal your identity than it was back when these movies were released.  Without a valid form of identification, you will not be able to rent a house, access your bank account, vote, travel, etc. In short, your life would be relegated to that of a spectator.

In the physical world, you may have a single card with all your details that can be presented on different occasions. In the virtual world, things are a little different.

Every time you set up an account with a shopping portal or a community message board, you share certain personal details. This data is stored individually by each portal. Since the accounts may have been created at different points of your life, the data may not always be the same.

For example, your residential address and phone number may change from time to time. Thus, as the number of online platforms you use increases, the number of clones of your digital identity also increase.

This creates difficulties at multiple levels. You ...


Read More on Datafloq

No comments:

Post a Comment