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RE: Interesting suggestion from Scott Santens on Steemit and UBI

in #ubi6 years ago (edited)

Hi, I agree that UBI is great. But there is small technical difficulty in what is proposed here - there are some people that have multiple accounts. You would need to ensure that only one account per person is getting the UBI. Otherwise people would generate multiple accounts and hoard money on each of them.
Cheers

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Yes, always the same challenge. As described in the Cicada project by Daniel Jeffries. He even wrote an extra whitepaper on the authentication part.

Hi, yes I am familiar with Cicada. I think they recently intensified work about the ID backbone. There are also other positive news - I read that UN wants to provide electronic ID to every person by 2030 - that would really provide great base for many systems: political (like Liquid Democracy or cicada direct democracy concept), business (trading, exchanges), UBI and many many others. I am also following concepts of Hyperledger Indy implemented in https://sovrin.org

Hopefully soon we will have the working authentication system.