WebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Press Releases
Facebook X (Twitter) LinkedIn Telegram
WebsCryptoWebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Press Releases
Bitcoin (BTC) $27,123.27 0.43%Ethereum (ETH) $1,681.80 0.05%BNB (BNB) $215.21 0.20%XRP (XRP) $0.51846 0.40%Cardano (ADA) $0.260265 3.63%Solana (SOL) $23.11 7.86%Dogecoin (DOGE) $0.06246 0.75%Polkadot (DOT) $4.19 2.11%Shiba Inu (SHIB) $0.000007 0.85%Dai (DAI) $0.999737 0.01%TRON (TRX) $0.088751 0.09%Polygon (MATIC) $0.552921 3.68%Avalanche (AVAX) $9.59 3.79%Uniswap (UNI) $4.54 2.22%Litecoin (LTC) $66.84 1.30%
Crypto Prices
WebsCrypto
News

Vitalik Buterin Shares His Thoughts on Biometric Proof of Personality

By Simon LawsonJuly 24, 20232 Mins Read
Vitalik Buterin Shares His Thoughts on Biometric Proof of Personality
Share
Facebook Twitter Telegram LinkedIn Reddit Email

Ethereum ETH -0.05% co-founder Vitalik Buterin shared his insights on the topic of “Biometric Proof of Personality” today in a thoughtful article titled “What do I think about Biometric Proof of Personality?”

Throughout his comments, Buterin recognizes the inherent value of biometric proofs of personality and doesn’t shy away from the possible dangers surrounding their different implementations.

Advertisements

He firmly believes that the complete lack of any kind of proof of personality could lead to a future ruled by centralized identity solutions, monetary power, or small gated communities, or even a complex entanglement of all three.

Buterin offers a critical perspective, showing that a world that lacks proof of personality seems to be more prone to these scenarios.

No related posts.

Among the various proof-of-person projects, including but not limited to Worldcoin, Proof-of-Person, and Circles, the most prominent application has always been the embedded “N-Person Token”, commonly referred to as “UBI Token”.

The system grants each registered user a fixed quota of tokens, distributed on a consistent schedule, whether daily, hourly, or weekly.

The unifying thread in these circumstances is a strong desire to establish open, democratic institutions. A central goal of these projects is to circumvent centralized control by project managers and potential overreach by the wealthiest users to ensure a fair distribution of power and resources.

Through his nuanced perspective, Buterin contributes to the ongoing discussion around the potential and risks of implementing biometric proof of personality.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
DAI Ethereum
Simon Lawson
  • X (Twitter)

Simon Lawson has been a professional financial reporter for 6 years. He has in-depth research on the crypto industry and will release major crypto news in a timely manner.

Recommended Reading

Markets September 30, 2023

Bitcoin Faces Volatility Amidst Global Economic Uncertainties

News September 30, 2023

Bitcoin Optimism Rising in Developing World Despite Price Declines

Business September 30, 2023

CoinShares Optimistic About US Cryptocurrency Landscape Amidst Global Regulatory Uncertainties

Business September 28, 2023

Chase UK Takes a Firm Stance Against Cryptocurrency Transactions Amid Rising Scams

News September 28, 2023

Inflationary Market Bitcoin and Ethereum Remain Steady as Correlation with U.S. Stocks Rises

Markets September 28, 2023

Bitcoin Soars 80% This Year, Outpacing Global Stocks Amid U.S. Banking Crisis and Diminishing Binance Concerns

The Latest
Markets September 30, 2023

Bitcoin Faces Volatility Amidst Global Economic Uncertainties

News September 30, 2023

Bitcoin Optimism Rising in Developing World Despite Price Declines

Business September 30, 2023

CoinShares Optimistic About US Cryptocurrency Landscape Amidst Global Regulatory Uncertainties

Business September 28, 2023

Chase UK Takes a Firm Stance Against Cryptocurrency Transactions Amid Rising Scams

News September 28, 2023

Inflationary Market Bitcoin and Ethereum Remain Steady as Correlation with U.S. Stocks Rises

EDITOR’S CHOICE
Vitalik Buterin’s Recent Ethereum Transfers Raise Eyebrows in the Crypto Community
Chase UK Takes a Firm Stance Against Cryptocurrency Transactions Amid Rising Scams
Bonds Surge in Appeal as Bitcoin and S&P 500 Navigate Third Quarter Downturn
Robert Kiyosaki: Cryptocurrency is the Future, Fiat Money is on the Decline
News
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Markets
Information
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Price Indexes
  • Market Cap
  • Bitcoin Price
  • Ethereum Price
  • Cardano Price
  • Solana Price
  • Polkadot Price
  • Polygon Price
Services
  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Service
WebsCrypto
X (Twitter) Facebook Telegram LinkedIn RSS
© 2023 WebsCrypto

Type above and press Enter to search. Press Esc to cancel.