Every single non-cash transaction you make every single day needs to check your identity. Currently it is outsourced to banks, multinationals like visa, thousan

Every 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.