What if there were a centralized verification place as a public service? Surely insurance would not be the hardest thing to come by. We in the US basically have

What if there were a centralized verification place as a public service? Surely insurance would not be the hardest thing to come by. We in the US basically have a "social credit system" but its all implicit, based on credit reports. Why couldn't someone else provide a clearinghouse for "users renting something"? I realize there's a bit of overlap with some draconian "social credit score" government things, but there's some really legitimate economic benefits to having centralized identity - again we effectively have that within financial markets thru the credit score.