We actually agree with the core concern.
replyRight now the internet has a terrible model where every company asks for your ID and stores it themselves. That means your identity data ends up scattered across dozens of databases.
We think the future is privacy-preserving identity and reusability: verify once, keep your identity in your own wallet, and only share minimal proofs (e.g. “over 18” or “real human”) instead of your full identity every time.
That’s the direction we’re building toward with SSI / identity wallets and reusable verification.
This is neat. I had a conversation recently basically concluding that "it would be nice if an identity solution existed where [everything you just said, consolidation of identity, but only providing the minimum for regulation, like age, location, or is-human, depending on the law a site is trying to follow], instead of [all the gross examples of identity consolidation abuse seen today and the source for ID company distrust]". I hope luck for you, so your product both maintains the vision long term, sustains market share for longevity purposes, and sets a standard for others to follow.
replyId say this is a valid criticism of the b2c market (esp. for social networks). but there still is a viable b2b market where kyb/c is not as intrusive - and sometimes a regulatory requirement (finance, health, etc.).
replyThese 'identity verification' companies end up becoming a main enemy of this pursuit. Their own revenue relies on legislation that assures their existence.
reply