Identity – Take Control Of Your Personal Data – Persona, Civic

Show notes and more podcasts here:

On today’s episode, we’ll be talking about how blockchain technology will be impacting the identity verification industry.

Online fraud and identity hacks are a serious problem.

Identity theft, fraud cost consumers more than $16 billion in 2016.

We revisit the Equifax hack and the downsides of the current industry: companies becoming custodians of our data.

Your data can live in a centralized company data system forever, vulnerable to data thieves.

High school and college kids; Fake ids may be a thing of the past…

Two blockchain projects offering a solution to verify identity cheaper, faster, and MUCH more securely: Persona and Civic

Blockchain technology has the opportunity to enhance a broken industry for the better.

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