[2016-08-18] Blockchain Predictions for 2017; Identity, the Next Killer App?

[BTCManagerOfficial]

BTCMANAGER at the Blockchain Conference, NY...

Identity may be the killer app that pushes blockchain technology into mainstream consumer use. That was one of the predictions at the Blockchain Conference in New York on Wednesday, where panelists took a look at the future of cryptocurrencies and the blockchain.

Read more here:

https://btcmanager.com/news/blockchain-predictions-for-2017-identity-the-next-killer-app/



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[Karartma1]

You know, I don't like blockchain and ID mixed together. It sounds too much of control to me. It is already hard to deal with our privacy and I have to admit that I'm really scared about these potential implementations.

As I said, too much control. It is overwhelming

[Carlton Banks]

Being able to prove your identity is useful. Being forced to provide it is not.

Any blockchain based ID scheme could only be voluntary, and worries about governments using such systems for authoritarian/totalitarian means aren't yet supported by examples of potential misuse (although I can understand the concern). And I can see how governments would dislike blockchain identity systems: some secret service agents need false identities to work on certain operations. A properly designed blockchain ID system would end that practice forever. Such a system would also likely support user generation of ID credentials, which permits more than 1 ID per individual. I think I'd use an ID system like that, voluntarily (i.e. both accept and proffer credentials from such a system, as I see fit).

[Karartma1]

Being able to prove your identity is useful. Being forced to provide it is not.

Any blockchain based ID scheme could only be voluntary, and worries about governments using such systems for authoritarian/totalitarian means aren't yet supported by examples of potential misuse (although I can understand the concern). And I can see how governments would dislike blockchain identity systems: some secret service agents need false identities to work on certain operations. A properly designed blockchain ID system would end that practice forever. Such a system would also likely support user generation of ID credentials, which permits more than 1 ID per individual. I think I'd use an ID system like that, voluntarily (i.e. both accept and proffer credentials from such a system, as I see fit).

That's interesting: I imagine different layer associated to my ID. I'll try to explain.
Let's say for most common services I would only need a Level 1 ID, i.e. to show and prove that I am who I say I am.
Than a Level 2 for banking?
And so on.

In these case we're talking always about the same guy but with different level of recognition. This way I could accept it

[Snorek]

Actually I'm not usually a fan of sharing my identity over the internet. But this project with it's voluntarily nature and possibilities can be pretty interesting.
We definitely don't want to shut up in a cage of negation and affirmation of bitcoin's pseudo anonymity status. Easy way of proving your own identity could be amazing tool for blockchain businesses.

The only thing I would hate will be forcing people to use this against their will. If this is not mandatory then it is amazing.

[Carlton Banks]

Such a system would also likely support user generation of ID credentials, which permits more than 1 ID per individual. I think I'd use an ID system like that, voluntarily (i.e. both accept and proffer credentials from such a system, as I see fit).

That's interesting: I imagine different layer associated to my ID. I'll try to explain.
Let's say for most common services I would only need a Level 1 ID, i.e. to show and prove that I am who I say I am.
Than a Level 2 for banking?
And so on.

In these case we're talking always about the same guy but with different level of recognition. This way I could accept it

Yes that's similar to how I see it, a separation of concerns.


Online shopping deliveries: No definitive ID, a Time Limited ID that can be verified against blockchained master ID without divulging any actual personal information. No name required, they just need to know you're the right person in this context, not in any other. No definitive address info needed IMO, street/town/city/zip system is an antiquated information designed for postmen on bicycles. LatLong is a much simpler, more reliable location system.

Loans or Hire Purchase: Definitive ID with it's credit history required. Higher prices for those without a credit history.

Internet Forums/Social Media Non-ephemeral proof-of-real-person required, with increasing requirements (i.e. proof, but not details, of residence or utility contracts) depending on how serious the trolling is for a given platform or sub-platform.


There are so many use-cases for such a system, as long as a wide enough range of proofs is available. (i.e. independent ways of proving aspects of your identity, e.g. name, age, place of birth etc)

[Kprawn]

There are some people, who thinks Bitcoin and Identities should be linked, and only criminals wants to stay pseudo-anonymous. Bitcoin was designed to give you the same degree of anonymity, as you

would have expected of cash. The thing is, within some countries, anonymity is a problem. If your country are under constant attacks from terrorists... you would also want to be able to track and

prevent the funding of these operations.... so it is justified in a way. The main mistake these agencies make, is to confuse financial privacy with terrorism... If the Killer App for Bitcoin is a way to

reduce financial privacy, I would hang up my guns and stop playing. 

[Carlton Banks]

The thing is, within some countries, anonymity is a problem. If your country are under constant attacks from terrorists... you would also want to be able to track and prevent the funding of these operations.... so it is justified in a way.

3 words: false-flag terrorism. The authorities are afraid of the public becoming aware of the extent to which they themselves provide terrorists with either the funds/plans/access to tools/incitement to commit terrorist attacks, that's why any superficial information about false flag terrorism is the dismissal of the phenomenon as tin-foil hat territory (except when someone "evil" does it, lol, then it's entirely plausible all of a sudden).

Conspiracy theory? Conspiracy fact, unfortunately. Machiavelli taught sovereigns about this kind of technique in his own Art of War book (not the Sun Tzu book of the same name).

Aristotle taught about pernicious behaviour of rulers in his writings also.

Machiavelli is from the 1500's, Aristotle from something like 2000 BC. So if you're reading this thinking "my best friends forever who appear in newspapers or TV news are saying this is all nonsense", I would suggest adulthood. The 20th Century was packed to the ceiling with proven false-flag war declarations and false-flag terrorism, the internet pulled back the curtain.

[Karartma1]

Such a system would also likely support user generation of ID credentials, which permits more than 1 ID per individual. I think I'd use an ID system like that, voluntarily (i.e. both accept and proffer credentials from such a system, as I see fit).

That's interesting: I imagine different layer associated to my ID. I'll try to explain.
Let's say for most common services I would only need a Level 1 ID, i.e. to show and prove that I am who I say I am.
Than a Level 2 for banking?
And so on.

In these case we're talking always about the same guy but with different level of recognition. This way I could accept it

Yes that's similar to how I see it, a separation of concerns.


Online shopping deliveries: No definitive ID, a Time Limited ID that can be verified against blockchained master ID without divulging any actual personal information. No name required, they just need to know you're the right person in this context, not in any other. No definitive address info needed IMO, street/town/city/zip system is an antiquated information designed for postmen on bicycles. LatLong is a much simpler, more reliable location system.

Loans or Hire Purchase: Definitive ID with it's credit history required. Higher prices for those without a credit history.

Internet Forums/Social Media Non-ephemeral proof-of-real-person required, with increasing requirements (i.e. proof, but not details, of residence or utility contracts) depending on how serious the trolling is for a given platform or sub-platform.


There are so many use-cases for such a system, as long as a wide enough range of proofs is available. (i.e. independent ways of proving aspects of your identity, e.g. name, age, place of birth etc)

Clear and sound but I imagine something like this will hardly be conceived by the current statu quo.
And a big yes on the fact that the ID system management is totally inadequate

designed for postmen on bicycles.

to say the least.