In episode 112, we’re excited to welcome Nick Lambert, CEO of Dock, a decentralized identity company that enables organizations to issue, manage, and verify fraud-proof credentials efficiently and securely via blockchain. We discuss how decentralized identity can protect us in our digital world, the innovations of soul-bound tokens and Zero-Knowledge Proofs, how decentralized identity will revolutionize industry in the coming years, and much more.
--Three Key Takeaways--
- At its base level, decentralized credentials can be viewed similarly to a crypto wallet – with each different type of credential (i.e. a University Diploma, proof of age, etc.) taking the form of a “token” within each individual’s decentralized wallet.
- Trillions of megabytes of data are created every day, much of it unverified – leading to a host of issues such as fraud, misinformation, scams, and a breakdown in trust online. On-chain credentials can help restore trust by giving individuals piece of mind that the data they are interacting with is authentic and verifiable.
- When it comes to decentralized identity, it’s about shifting power away from centralized actors and putting individuals in control of their “stuff” – their credentials, identifying documents, music, data, and everything in between!
--Full shownotes available at--
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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.
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