Monero Talk Decentralized Digital ID’s Built on Monero that Preserve Privacy w/ Ben Biedermann
TODAY'S 🎙SHOW: Douglas Tuman interviews Ben Biedermann, a Digital ID expert.
The two discuss the concept building of a decentralized digital ID system on top of Monero outside of the traditional State ID system that preserves privacy & why it’s important for the private market to build its own digital IDs that can compete with the government ones,
they also discuss XMR Bazaar, the Monero marketplace that Douglas is building, would implementing Digital IDs into the marketplace be beneficial and what would the technological implementation be? Why Monero is a better suited platform for building a digital identity system on top of other chains, and finally, is the Monero ethos compatible with decentralized digital IDs .
XMR Donations Accepted & supporting us is easier than ever, by typing in MONEROTALK.CRYPTO into your monero.com or cake wallet wallet send address field - to send us a tip ;)
⏱Timestamps:
00:00:00 Intro
00:02:20 Quick Background and Introduction to Ben Biedermann
00:05:35 Government-Controlled Digital ID Systems vs. Decentralized Identifiers (DIDs)
00:07:50 Convenience vs. Privacy: The Trade-Off Between Convenience and Privacy in Modern Society
00:12:30 Balancing Privacy and Compliance: The Ethical and Legal Considerations in an Opt-Out Society
00:15:00 The Challenges of "One Leg In, One Leg Out" Approach and Its Implications for Privacy and Freedom
00:23:15 The Concept of Zero-Knowledge Proofs (ZKPs)
00:27:05 The Dystopian Aspects of Identifier Tracking Systems
00:30:00 Tiered Approach to Privacy
00:33:10 Linking Addresses with Transaction Hashes and Use of Transaction Hashes as Digital IDs
00:36:30 Two-Dimensional Identifier: Building a Blockchain Over a Blockchain
00:41:50 Consideration of Using Monero Addresses and Microtransactions for Login Credentials
00:47:45 Concerns about Transaction ID as a Password and Using Transaction Hash as an Identifier
00:52:10 Monero's Suitability for Digital Identity Systems
01:03:10 Community Views on Decentralized Digital IDs
01:14:20 Concerns about Decentralized Identity as a Tool of Social Control
01:21:00 Ben Biedermann at MoneroKon 2023: The Question of Fairness Regarding State-Mandated ID Requirements
01:22:50 Outro
🔗Links:
Purchase Cafe & tip the farmers w/ XMR! https://gratuitas.org/
Guest➡️: @b3nedictvs
➡️Join XMRtopia TELEGRAM: https://t.me/monerotopia
➡️ Join XMRtopia MATRIX: https://matrix.to/#/%23monerotopia%3Amonero.social
🚨SPONSORS:
Monero.com wallet by Cake Wallet 🍰, the first open-source Monero wallet for iOS. If you have an iphone or Android 📲, Monero Talk recommends that you use Monero.com by Cake Wallet ;) It has been verified by the Monero community, you control your own keys, it connects directly to the Monero blockchain, and you can even exchange between XMR, BTC, LTC & more in the app!
Monero.com by Cake Wallet - ONLY Monero wallet https://monero.com/
StealthEX, an instant exchange where privacy is the top concern. Go to https://stealthex.io to instantly exchange between Monero and 450 plus assets (from bitcoin to Ethereum to even Haven), without having to create an account or register, and with no limits. Making Stealthex a simple way to purchase Monero with crypto anonymously.
Don't forget to SUBSCRIBE! The more subscribers, the more we can help Monero grow! 🚀
Listen & Reach out to us:
🎧PODCAST:
ITUNES: https://apple.co/34W7FVp
SPOTIFY: https://sptfy.be/myd6q
STITCHER: https://bit.ly/2tUcIck
WEBSITE: https://www.monerotopia.com
📧CONTACT: Monerotalk@protonmail.com
ODYSEE: https://odysee.com/@MoneroTalk:8
Get 🤓😎Social with us:
TWITTER: https://twitter.com/monerotalk
FACEBOOK: https://www.facebook.com/MoneroTalk/
HOST: https://twitter.com/douglastuman
INSTAGRAM: https://www.instagram.com/monerotalk/
TELEGRAM: https://t.me/monerotopia
MATRIX: https://matrix.to/#/%23monerotopia%3Amonero.social