Anonymous
(ID: Mt/OcFCq)
10/22/2025, 11:07:38 AM
No.61172215
>>61172248
>>61172390
>>61175760
>>61178194
>>61179535
Chainlink's DID solution talks about "selective disclosure", which basically refers to the principle that a user's data is automatically private, but they can choose to share or validate specific information on request (through DECO).
This is a massive improvement on current systems where you share all of your information with a large number of providers, who are then vulnerable to hacking.
Chainlink's solution also bakes in compliance features, though, so it will be interesting to see how it shakes out in terms of user privacy protection vs compliance proofs. Will they use a carrot or stick model?
The carrot model would say "look at all these useful products, you can access them if you set up a compliant KYCed DID." The stick model would be like the UK ID card that is being proposed, "We will cut of your ability to buy food if you don't get it".
How it shakes out will have immense consequences for life in the 21st century.
This is a massive improvement on current systems where you share all of your information with a large number of providers, who are then vulnerable to hacking.
Chainlink's solution also bakes in compliance features, though, so it will be interesting to see how it shakes out in terms of user privacy protection vs compliance proofs. Will they use a carrot or stick model?
The carrot model would say "look at all these useful products, you can access them if you set up a compliant KYCed DID." The stick model would be like the UK ID card that is being proposed, "We will cut of your ability to buy food if you don't get it".
How it shakes out will have immense consequences for life in the 21st century.
