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> Am I being cynic here or is this just another attempt at total surveillance? I don't think so. The idea is to make the wallet offline. > It solves a problem
by mordae 4y ago
> Am I being cynic here or is this just another attempt at total surveillance?
I don't think so. The idea is to make the wallet offline.
> It solves a problem that does not exist,
I does exist. Automatically checking identity is hard. Some counties apparently issued certificates to their citizens and enabled them being verified by anyone, simplifying several online businesses patterns.
> will likely be mandatory at some point
More like fast lane. But eventually (30 years) probably yes.
> and is executed by a defense company.
Every country is responsible for their own part. There are going to be ETSI standards for interoperability.
The actual trouble here is that (at least in my country) the officials responsible believe that rooted phone is higher security risk than automatic updates from Chinese government.
- closewith 4y ago> Automatically checking identity is hard. This seems like a feature, not a bug.
- stubish 4y agoEvery single non-cash transaction you make every single day needs to check your identity. Currently it is outsourced to banks, multinationals like visa, thousands of different government departments providing trusted docs (usually a few different ones per country). And a lot of fraud happens because we do a bad job at it. Or for-profits, doing 'good enough' where 'better' isn't profitable, because they get to pass on the trauma of identity theft to the victims.