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Biometrics and blockchains: Why identity matters (part 1)

This is the first of a three article series on identity and biometrics via blockchain technologies. Currently, we depend on governments to issue identity credentials in the form of specialized documents like passports, birth certificates, and driver’s licenses. These documents can be used independent of those centralized systems for identification. In most jurisdictions, banks depend on physical identity credentials to prove you are who you claim to be. Banks depend on reliable proofs of identity to fulfill anti-money laundering requirements and enforce know-your-customer (KYC) compliance.”]

Source: https://www.csoonline.com/article/3201164/biometrics-and-blockchains-why-identity-matters-part-1.html

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