Blockchain’s Middleman-Free Way
“The potential is great for people in the informal economy to exploit the blockchain’s middleman-free way to exchange assets and information, and its irrefutable public record that’s free from the control of any one central institution.”
-Paul Vigna, The Age of Cryptocurrency
In an interview with Bonnie Yiu of Consulere.io (consulting to TYKN.tech) we chat about how currently our cryptocurrency blockchain is used to store currencies.
The blockchain however, can store many other things including birth and identity documents in a secure database that is immutable and transparent.
Bonnie explains in the interview that in many cases, identification documents are lost in natural disasters through flood or fire and in many cases they cannot be recovered.