Could Blockchain Technology Replace Social Security Numbers?
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Could Blockchain Technology Replace Social Security Numbers?

THELOGICALINDIAN - Security experts are suggesting that Blockchain technology could alter Social Securities Numbers as identification credentials

Giving Hackers No Chance

Cyber hacking attacks accept risen acutely in the aftermost brace of years, with hackers primarily targeting companies that authority actual acute abstracts such as amusing aegis numbers, acclaim agenda numbers, passwords etc. Aftermost month, account bankrupt out that the acclaimed acclaim advertisement agency, Equifax, was a victim of an elaborate hacking attack. The hackers were able to admission the amusing aegis numbers, acclaim agenda numbers, addresses and added acute abstracts of over 143 actor U.S. citizens.

In the deathwatch of the data breach, the Trump administering absitively to assignment several federal departments and agencies with the albatross of advancing up with a new identification arrangement in adjustment to anticipate such hacks from accident again. According to a contempo article by Bloomberg, Rob Joyce,  the appropriate abettor to the admiral and the White House cybersecurity coordinator, appropriate that such a new Identity arrangement should be based on a “modern cryptographic identifier.”, which suggests that it would be based on Blockchain technology.

Estonia Is Leading the Blockchain Race

Most countries and governments ability not be application blockchain technology for identification yet, but there are a few baddest countries that see blockchain as the future. Estonia, generally admired as the “Blockchain Nation”, is one archetype of a country that has implemented blockchain technology into its government infrastructure. It is additionally account acquainted that Estonian eHealth ascendancy is additionally application blockchain technology in adjustment to accumulate the medical abstracts of citizens defended and calmly accessible.

Analysts advance that added governments will apparatus blockchain technology into acute infrastructures in adjustment to assure important abstracts from alone or government-sponsored hackers.

What are your thoughts on a blockchain-based identification system? Do you anticipate that added governments will use blockchain technology in the future? Let us apperceive in the comments below.

Images address of Pixabay