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Why social media needs a decentralized ID verification solution
June 29, 2023, 2:41 p.m. | Lars Seier Christensen
Biometric Update www.biometricupdate.com
By Lars Seier Christensen, Chairman of Concordium
As more aspects of our lives are moved to social media platforms – from friendly interactions to business transactions – the importance of profile verification tools increases dramatically. With a click of a button, social media allows potential employers, friends, roommates, and even strangers to access personal information and make judgements that can have real-world consequences.
Individual users aren’t the only ones who are concerned about identity theft and deception online. Corporations …
biometrics news blockchain business button chairman click concordium decentralized decentralized id digital id employers fraud prevention friends identity verification id verification industry insights media platforms profile social social media social media platforms solution tools transactions verification web3
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