3 ms·
I'm rebuilding an old hackathon project, ChainProof, to use Ethereum. It's basically a service that lets people submit facts about themselves and automated or t
by deftnerd 10y ago
I'm rebuilding an old hackathon project, ChainProof, to use Ethereum. It's basically a service that lets people submit facts about themselves and automated or trusted notaries verify the information and vouch for it.
DAOs and smart contracts would be able to use the knowledge in really cool ways. A DAO could requires participants to be KYC verified, limited to college students, be accredited investors, pass a background check, etc.
Neat thing is that once those checks are done, it'll be attached to their Ethereum identity so they don't have to redo the verification for every compatible service or DAO.
Ethereum might have some weaknesses at the moment but it's a lot more exciting than Bitcoin.