Securing Your Identity with Civic
Civic’s Secure Identity Ecosystem Will Revolutionize The Way We Handle Our Personal Information
After incidents such as the Equifax data breach, in which millions of people had sensitive personal information such as names, addresses, and social security numbers stolen, it became overwhelmingly clear that we need new mechanisms to handle personal information. Years of willful ignorance and slow development have lead these systems to be vulnerable to attacks. Antiquated, centralized systems such as Equifax’s are not secure enough to reliably handle such important data, and are slow to adapt to recent trends in identity verification and personal data handling that could improve the current situation.
Luckily, new decentralized services like Civic aim to fix the current issues facing identity security using biometric verification and blockchain technology. Civic abandons cumbersome and unsafe authentication methods such as passwords or third-party authenticators, and instead using biometric markers such as fingerprints to verify your identity. Using the process outlined below, Civic then uses the blockchain to obtain, attest, and record identity verifications in a decentralized manner on the blockchain. This process ensures that personal data is not stored in a centralized manner, and that verified forms of identity can be used repeatedly by multiple parties, taking advantage of the public platform to eliminate redundancy for users.
https://hackernoon.com/securing-your-identity-with-civic-7ea0d2f368a0
