What’s more, one reason so many people don’t have a bank account is because they also lack an official identity. Blockchain solves this problem as well, providing people with a digital ID that will follow them around the internet. What can we do with this identity? Own our own data, for one. Blockchain IDs could also facilitate fair and accurate voting. Lastly, if your identity can be established, then a reputation score can easily be attached. This score allows for things like peer-to-peer ridesharing, which today require trusted third parties named “Uber” and “Lyft.”
