November 20, 2017
Neal and Nathan explore the idea of having your digital ID on the blockchain. The potential is huge, applying for mortgages could be seamless, but do consumers want to offer up ID and personal information to the Blockchain? Developing a blockchain for digital IDs could present itself as a huge opportunity to developing nations to kick start their economies since it could start to include the unbanked. Many developing nations could help develop trust in their govermental institutions by making blockchain and digital IDs a cornerstone to build from.
Horsecoin is mentioned again, it’s the fun idea that doesn’t want to go away. Neal and Nathan explore how winnings from race meetings could be distributed to shareholders thanks to smart-contracts.
Bloomberg Article on ID on the Blockchain: https://goo.gl/5wxx3Q
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