The future of cryptocurrency is trust

The identities and trust we have now

As things stand right now, where KYC and pseudo-AML are in place this information is not currently shared with anyone and cannot be checked so one could argue the limited value that presents.

The identities and trust we could have

Recording and sharing identities is a big fraud and privacy risk. I am not advocating the movement of real-world identity documents; names; emails etc — we should be looking to exchange flags (yes/no/other) and attributes (value=2) not share identity documents or personal information.

Hold on a second, so how does some key bits of this actually work?

So what does this all achieve?

Can this be actually done?



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