Digital Identity: How a Cryptocurrency Could Lead to the Most Fundamental Change in Identity in Centuries
The information about ourselves, or identity, is more secure than prior generations of technology. Cryptocurrency secures transactions and creates the digital units for currency, but bitcoin, also known as blockchain, not only stores data, but also secures data communication. Blockchain technology is continuing to advance as researchers are improving its effectiveness. These advances allow us to navigate through our economic activities with less conflict, while also giving individuals more control over what data is shared with others.