TODAY'S 🎙SHOW: Douglas Tuman interviews Ben Biedermann, a Digital ID expert.
The two discuss the concept building of a decentralized digital ID system on top of Monero outside of the traditional State ID system that preserves privacy & why it’s important for the private market to build its own digital IDs that can compete with the government ones,
they also discuss XMR Bazaar, the Monero marketplace that Douglas is building, would implementing Digital IDs into the marketplace be beneficial and what would the technological implementation be? Why Monero is a better suited platform for building a digital identity system on top of other chains, and finally, is the Monero ethos compatible with decentralized digital IDs .
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00:02:20 Quick Background and Introduction to Ben Biedermann
00:05:35 Government-Controlled Digital ID Systems vs. Decentralized Identifiers (DIDs)
00:07:50 Convenience vs. Privacy: The Trade-Off Between Convenience and Privacy in Modern Society
00:12:30 Balancing Privacy and Compliance: The Ethical and Legal Considerations in an Opt-Out Society
00:15:00 The Challenges of "One Leg In, One Leg Out" Approach and Its Implications for Privacy and Freedom
00:23:15 The Concept of Zero-Knowledge Proofs (ZKPs)
00:27:05 The Dystopian Aspects of Identifier Tracking Systems
00:30:00 Tiered Approach to Privacy
00:33:10 Linking Addresses with Transaction Hashes and Use of Transaction Hashes as Digital IDs
00:36:30 Two-Dimensional Identifier: Building a Blockchain Over a Blockchain
00:41:50 Consideration of Using Monero Addresses and Microtransactions for Login Credentials
00:47:45 Concerns about Transaction ID as a Password and Using Transaction Hash as an Identifier
00:52:10 Monero's Suitability for Digital Identity Systems
01:03:10 Community Views on Decentralized Digital IDs
01:14:20 Concerns about Decentralized Identity as a Tool of Social Control
01:21:00 Ben Biedermann at MoneroKon 2023: The Question of Fairness Regarding State-Mandated ID Requirements
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