Blockchain: What it Is and How it Can Help Prevent Identity Theft

Last year alone, 16.7 million individuals suffered some form of identity theft. This crime exposes victims to many difficulties in their daily lives, ranging from the inability to participate in our economy to the inability to prove to a potential employer (or even our government) that they are a US citizen. Our antiquated system of collecting trivial facts and government IDs to confirm the identity of individuals contributes to these problems because anyone with sufficient information about you can literally “BE” you. Join us at the Heritage Foundation as our panel explores how new blockchain technologies can help prevent identity theft and protect millions of Americans. Hosted on Acast. See acast.com/privacy for more information.