Trust in the Technical age
Technology isn’t bad, but. people do abuse it for their personal gain. There is no going back to way it use to be, the genie is out of the bottle and we need to find a way to deal with these issue.
For example both facial and voice recognition, both of these technologies are very new and both are used extensively by the Governments. But did you know both can fooled by artificial intelligence (AI)? So we need to redefine how trust can be established in this digital world. An assumption that you can trust your neighbours is noble but naïve. Especially since the internet has catered for widespread anonymity. Which for the most part is letting people say and do whatever they like, free from consequence.
Look no further than all the online scams found these days and trusting someone can cost you heaps! Even if you know the person your dealing with, you can’t always be guaranteed its actually them. Identity theft can happen to anyone and nobody is safe.
Fortunately, our iZAC crypto team are working on these issues. They are embedding trust right into the tokens. We are making our digital identities more accountable and making trust universal. That’s the goal anyway.
So what if you could confirm you are you without sharing any personal information? This will enable an entirely new trust based ecosystem that doesn’t compromise your privacy. The iZAC crypto engineers are working on making this possible.
Let me expand on this
Thanks to our implementation of Zk-SNARKs, a zero-knowledge succinct non-interactive argument of knowledge. Sounds impressive but the fundamental idea is zero-knowledge.
Zero-knowledge proofs aren’t new, they were in invented by a couple of researchers from MIT back in the 1980s. The basic idea is they allow someone to prove a claim to someone else without conveying any information. I love it but its sounds like I’m crazy. While Zk-SNARK are still very much in development within our engineering department. Right now we are only a handful of crypto engineers with this idea. We hope to make it workable by fusing Zk-SNARKs with the blockchain and tying this to an individual with their DNA.
This will change the digital world forever! You will no longer fear the loss of your identity and if we are really lucky trust will be renewed and become the new normal.
It’s time to join the iZAC revolution