'Self-Custody Should Mean the Ownership of Everything About You' Says Sharering's Tim Bos – Interview Bitcoin News

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Tim Bos: 'We believe people should be able to access goods or services by sharing only a minimal amount of information.' digitalidentity blockchain

'Self-Custody Should Mean the Ownership of Everything About You' Says Sharering's Tim Bos

Some critics have argued that such verifiable digital identities come with flaws or disadvantages that may nullify the perceived advantages. However, according to, the CEO of Sharering, through hard work and constant adjustments self-sovereign digital identities are ideal when seeking to verify online identities.

Sharering could potentially be that bridge between these underserved communities and their access to gated information and services online. Take refugees for example, their identities would be difficult to transfer from their country of origin, and thus they would require some form of identity infrastructure to assimilate into the new communities.

BCN: As we have seen with crypto assets, how regulators understand or perceive blockchain-based self-sovereign digital identities may to some extent determine their fate. Therefore, what are you and other players in the digital identities space doing to ensure powerful organizations or individuals are fed the right information about your work and what you want to achieve?To start with, Sharering can’t do anything with anyone’s identity. One of our core values is to give users full control.

BCN: It has been said that self-sovereign digital identities not only add security and flexibility to users, but also allow them to share data only when they choose. However, critics point to the complex process of tracking personal data and permissions which may be beyond ordinary users. They insist that this and other cons outweigh the benefits of self-sovereign identities. What would be your response?We’ve started this journey with user experience at the core of everything we do.

 

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Diversified set of guardians required for safe self-custody: Vitalik ButerinVitalik Buterin recommended that multisig and social recovery wallet users maintain a diverse set of guardians so that 'if you disappear there are enough other guardians left to recover your funds.” All I can say is invest in Shiba Inu now, before its too late. SHIBARMYSTRONG This is certainly food for thought. I just share my ownr wallet seed phrase with the most important person of my life
Source: Cointelegraph - 🏆 562. / 51 Read more »