Epicenter - Learn About Blockchain, Ethereum, Bitcoin And Distributed Technologies

Traditional KYC and AML regulations have often forced companies to comply, without having the right tools to do so. Simply storing users’ personal information led to the creation of security honeypots which haven’t gone unnoticed by hackers. Web3 solutions like Privado ID aim to cryptographically prove certain traits from a user’s personal data, without disclosing it to the enquirer. This is usually made possible through zero knowledge proofs which allow users to store their personal data on their own device and only exchange verifiable credentials with trusted issuers. City of Buenos Aires has adopted a similar implementation through their Quark ID system, a digital trust framework that creates a new digital identity system, giving people control over their information.Topics covered in this episode:Evin’s background and founding DiscoPolygon ID acquisition and blockchain agnostic decentralized IDsDiego’s background, from private to public practicePrivado ID and its registry of reputation issuersUse cases, D