I like the idea as passwords/keys suck (people lose them a LOT) BUT it has to be done in a secure private way. Blinded biometrics or something where no company or person can access the biometric data
Post by twetch#561
if they store the data on their server to be able to ID it later, it's a breach, blinded is a bit better. The problem with biometrics is that it is possible to steal the identification data and fake it, & hard to predict the cost of faking in the future
What the chain says
- Block
- 660 120
- Time
- 2020-11-06T16:20:45Z
- Signer
- 1F8Xao4zgGEcfZRQpn1SroARGbCK4CjkyC
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#561
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1F8Xao4zgGEcfZRQpn1SroARGbCK4CjkyC VerifiedReplies (1)
compare this is wallets with a password and a threshold backup where different companies hold hashes of your ID data. If you need recovery you contact a few of them and KYC to them. After validating it they delete KYC info. Nothing to steal at any point