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ID.me CEO Blake Hall: Identity & Security

"World of DaaS"

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Historical Patterns in the Development of Payment and Identity Wallets

History shows that markets develop in patterns, with innovations in payment wallets mirroring the evolution of identity wallets. The emergence of Visa in 1958 by Bank of America, where credit cards were mailed out, illustrates the process of market cultivation and maturation. This historical example provides insights into the evolution of identity wallets, with IDME potentially playing a similar role as the Bank of America card in this ecosystem.

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