An estimated 1.5 billion people in developing countries lack proof of identity, often preventing them from accessing basic rights and services. The Principles on Identification for Sustainable Development aim to create a guiding framework for inclusive, trustworthy and secure identification systems that mitigate this gap.
One emerging technological tool for realizing self-sovereign digital identities is blockchain. A recent report has highlighted a couple potential blockchain use cases for digital identity that are know-your-customer compliant or verify an individual’s economic identity. These cases are in the early stages of development and require further to show they are secure, cost-effective, and sustainable.
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