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Digital identity will be web3’s eureka use case | Opinion

The author discusses the potential of digital identity as the "eureka" moment for blockchain technology, comparing it to the impact of text messaging on cellphones. They argue that digital identity services should go beyond simply replicating physical ID cards and instead be irrefutable, unique, and intrinsically tied to an individual's humanity. The author highlights the security risks associated with centralized repositories of information and advocates for the use of blockchain technology with a built-in identity layer for protection. They propose that digital identity should be decentralized and owned by individuals, with a focus on regulation, privacy, and security.

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