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Stuart Hamlin's avatar

Feels like the market-based approach will need some guiding standards if it is to avoid being a parking app-style mess, or just end up with Apple, Google, Meta, or Microsoft running it as a minimal effort monopoly.

Then there is the matter of trust: what confidence can I have in some startup I know zero about with maybe 6 months funding to look after all of my personal information? Yoti are going to be a hack magnet if they get a modicum of success, but will they have the resources to defend themselves?

I am cautiously optimistic that this is the better approach, but there are many hurdles. And there is no opportunity to wave the magic AI wand here, though doubtless someone will take the chance to push blockchain as the panacea for all troubles…

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