Bitcoin and the underlying technology of the blockchain has become a pretty important invention of our time. The cryptocurrency application itself has given us a sketch of new meanings that apply to money and mediums of exchange. The blockchain can house and transact with unlimited amounts of valued assets through its publicly distributed ledger, and among these valuable building blocks is unforgeable data. This data can lead to incredible concepts produced by the blockchains transparency attributes, such as smart contracts, governance, identity, and ultimately the Internet of Things.
Also read: What Would Happen if Bitcoin was Accepted Globally?
The ideas that are being brought to the table concerning digital identity creates a unique discussion with regards to the blockchain. The ledger can solve many things mentioned above, but identity may be a pretty significant step within global recognition. Identity is a problem in our world, as millions upon millions of refugees and their children go undocumented. Governments often don’t help this issue because of indecision on immigration, but a ton of NGOs (Non-Government Organizations) are paving new ideas into the digital age.
Statistics concerning human identity is a pretty daunting subject, especially when those from the western hemisphere take it for granted. The globe has roughly over 232 million undocumented migrants and continues to rise annually. Because many of these refugees have no identification, quite a lot of them are regularly victimized — especially women and children. In U.S. federal reports alone, over 800,000 men, women, and children are bought and sold across international borders every year and are exploited into forced labor. There are even higher estimates of 21 million or more people sold annually on the global scale. This worldwide accounts for millions of children subjected into forced labor and the commercial sex trade. So what can be done to stop this madness? Well, unforgeable and publicly verifiable documentation of humans done voluntarily over the longest distributed worldwide ledger ever created could go a long way.
Another idea is a voluntary identification of humans done by themselves or through an organization. During Richard Branson’s “Blockchain Summit,” actress Lucy Liu appeared via Skype to the guests at Necker Island concerning identity management. During her appearance, the actress highlighted the problem worldwide concerning mostly child trafficking that continues to thrive through corrupt industries, construction sites, brothels, and more. She expressed deep concern for those who are exploited, go unpaid, and are forced to work in inhumane conditions. At the summit, Liu and Entrepreneur John Edge of ID2020 expressed their beliefs that the blockchain can work with welfare organizations, NGOs, and the general public to form a blockchain-based birth certificate registry. Fortunately, there are activists and innovators working on this identity problem daily, and there a plenty of people involved promoting the distributed ledger as a solution.
This isn’t the first time the BitNation team has helped forge new identification solutions. It has also provided a blockchain passport and a wedding certificate. With the first blockchain based passport, Tempelhof and Chris Ellis convened with Janina Lowisz to confirm her as the first blockchain citizen. The process was very simple, which involved a basic signed and verified PGP key set and the event was time-stamped and hashed into the Bitcoin blockchain.
Other organizations have felt that identity is a very important problem globally as well, and they believe wholeheartedly that the blockchain is the number one solution. Ryan Shea, co-founder of Onename, wants to solve the identity issue as well through its blockchain-based identification protocol. “Onename usernames are created within an open namespace and user data is embedded directly into the blockchain,” says Shea, who has implied that their software can help combat forged identity material online.
Forged material can also be a problem in the physical world as well. A service called ShoCard wants its blockchain solution to help curb this issue. ShoCard is a distributed ledger offering that solves the problem of forged authentication and gaining access to a trusted identity distributor. Venture capitalists such as AME Cloud Ventures and Digital Currency Group, have been pretty enthusiastic about the concept, raising $1.5 million in funding for the startup. When used properly and voluntarily, records of digital birth certificates and IDs can circumvent issues involved with misrepresented identity and human trafficking.
We know the underlying technology of Bitcoin known as the blockchain is a ledger of transparent account and can bring forth a new era of human networking. Voluntary identification systems can be created to lower the amount of human slavery across the globe. Through a new form of digital identity, plus an additional blockchain-based governance protocol, voluntary autonomous identification and reputation systems may be able to eradicate government services. By its nature and blasting ammunition at the border problems of today, borders can cease to exist with common consensus and change with ideas like blockchain solutions. A new day is dawning and ideas that have never been thought before have just arrived!
What do you think of Blockchain Identification? Let us know in the comments below!
Images courtesy of Pixbay, Wiki Commons, and Redmemes
The opinions expressed in this article do not necessarily reflect those of Bitcoinist.net.
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