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Yes, public/private key authentication would be great when it comes to this sort of thing. But that really has very little to do with the blockchain. It would b
by harryh 7y ago
Yes, public/private key authentication would be great when it comes to this sort of thing. But that really has very little to do with the blockchain. It would be quite possible for the government or a consortium of banks to implement improve authorization schemes that have all of the upsides of public/private keys and none of the downsides of the blockchain.
- blhack 7y agoHow can you see that this has little to do with the blockchain? This is like a basic application of that technology. Yes of course the government could implement the same thing, but many people already have.