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.