Danie van der MerweSep 28, 2023

ShareID: This startup wants to verify your ID without storing your personal data

ShareID spokesperson Eliana Daboul described the company in an email as “an Authentication-as-a-Service solution tied to government-issued IDs.”

The twist is that, unlike other similar companies, ShareID claims it doesn’t store any personal data. Instead, ...continues

See https://gadgeteer.co.za/shareid-this-startup-wants-to-verify-your-id-without-storing-your-personal-data/

#identity #privacy #technology

ShareID: This Startup Wants To Verify Your ID Without Storing Your Personal Data - GadgeteerZA

ShareID spokesperson Eliana Daboul described the company in an email as “an Authentication-as-a-Service solution tied to government-issued IDs.”

GadgeteerZA
Show threadGMate8Sep 28, 2023
@danie10 https://blog.kycnot.me/p/kyc-no-thanks
KYC? No, thanks

KYC regulations, intended to combat illicit financial activities, inadvertently compromise individual privacy, security, and freedom.

Show threadDanie van der MerweSep 28, 2023
@gmate8 are you saying KYC is a technical solution alternative for govs and organisations? I wasn't too sure what the article was proposing or how it helps here?
Show threadGMate8Sep 29, 2023
@danie10 the article's message is that KYC is useless… which is true
Show threadDanie van der MerweSep 29, 2023

@gmate8 it's not really relevant for governments, banks and similar as they have to collect identities by law. They don't have any choice, and neither do any of their customers. So there is often just no choice. This is more about how to try ensure that those who must collect identities, can do it in a much more secure manner.

For "nice" to have businesses, I don't provide my proof of ID anyway. It means now, too, that I either can't claim tax rebates for charities, or I no longer donate.

Show threadJames19
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Jul 18, 2024 at 12:14pmWeb
Show threadmariuslucasJul 18, 2024
Yes, that's exactly what you are saying and I totally agree, I don't know of a safer way to preserve the security of people in their accounts other than through KYC, by the way, if you wanted to hire a professional KYC team but that has fingerprint, where can I find it?
Show threadcotetowemixxJul 22, 2024
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RiskSeal: Alternative Data for Credit Scoring

RiskSeal offers instant digital identity verification and solvency assessments, empowering fintech providers with the insights they need for smarter loan decisions.

Show threadmatiaschazJul 22, 2024
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Show threadrickyteitumJul 22, 2024
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