BirchIf your phone is going to replace your wallet, then someone needs to solve the identity problem. We’re all familiar with Apple AAPL Pay and Google GOOGL Pay and how much easier (and more secure) they make online commerce. I wrote at the time that "it is a very short step from Apple Pay to Apple ID, where revocable identification tokens are loaded into the tamper-resistant hardware”. Voting is a good example of why digital identity is more important than digital money. Photographer: ... [+] Daniel Acker/Bloomberg © 2016 Bloomberg Finance LPMy point is that we need to put some serious thought into developing a digital identity infrastructure.

Source: Forbes August 29, 2020 18:56 UTC