HOME INSIGHTS COLUMN IDENTITY 5.0: DIGITAL IDENTITY AND BLOCKCHAIN
We embark on a journey to personality: What does identity mean? How do we move from analogue to digital identity? Now that we know that our digital identity consists of a huge mountain of data worth a few satoshis, the question arises: What do we do with it now? Today: Identity 5.0: Digital Identity and Blockchain.
SecureKey: Proof of identity by the news spy
The Canadian security company SecureKey is working with IBM on the news spy solution to store identity data on the blockchain. Whether driver’s license, ID card or bank information: Everything is retrievable and ready for use via smartphone apps. Access to and disposal of this data remains with the news spy. This is primarily a matter of proving creditworthiness. The confirmation process is automated, without touching on data protection issues. The blockchain is both decentralized and transparent.
The central administration of money is a factor that is repeatedly criticized in the camps of the crypto-communtiy. Banks, like governments, have supremacy – they determine (to a large extent) how much and what money is in circulation. With his proposal to create a decentralized digital peer-to-peer money system, the legendary Satoshi Nakamoto created an alternative: Bitcoin.
The blockchain technology behind this revolutionary currency has even more disruptive potential than the currency itself. In addition to typical fields such as the financial or electoral system, one aspect in particular is moving more and more into the center of attention: digital identity. Especially in areas that are often described as “social hotspots”, the blockchain can help. The following is a selection of projects that answer the question of how digital identity comes onto the blockchain.
Moldova: Blockchain against human trafficking
The Republic of Moldova takes a humanitarian approach. The country, better known as Moldova, is not only struggling with great poverty. The country must also combat human trafficking. A high level of corruption, coupled with a lack of money, is tempting some to buy human lives for a handful of euros. Smuggling across the border is then comparatively easy. If someone should ask for the identity of the smuggled persons, the question is answered with bribery.
To counter this, the government is working on a blockchain solution. The forgery-proof and decentralized administration of identity data is intended to prevent human trafficking. In addition, people are thinking about collecting identity data such as fingerprints or a scan of the iris in order to be able to retrieve it during checks.
Jordan: Proof of identity for fugitives
The refugee camp “Azraq” offers accommodation to about 35,000 refugees in Jordan. The internal administration also works with identity data here. At the checkout in the supermarket, for example, there is an iris scanner that compares the identity data with those on the block chain. In principle, people can pay with a scan of their eyes – the technology does the rest. All refugees in the camp have an account on the blockchain – after the scan the account is checked and the payment is approved in the best case. Without a bank and without a government.