Can Blockchain Technology Help with Our Growing Privacy Problems? | HackerNoon

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Can Blockchain Technology Help with Our Growing Privacy Problems? | HackerNoon
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'Can Blockchain Technology Help with Our Growing Privacy Problems?' web3 blockchain

receives all of the attention, and most people miss the point: the star of the cryptocurrency industry is not Bitcoin. The blockchain is the source of the problem.

Again, it is the blockchain, not the currencies, that is the most revolutionary aspect of crypto. Even though it is the use case that led to the creation of blockchain, its uses go well beyond handling digital money. As a result, a blockchain can certify everything that can be digitalized, even if it is done indirectly, without introducing any "trust gaps" into the process.In the blockchain, analysts and enthusiasts see a resource that might eventually replace things like passwords and usernames. Consider a blockchain in the future that grants a digital identity to every Internet user on the planet.

is built on the principles of security and immutability, all of that information would be kept safe and secure at all times. That, at least, is the theory. In the future, personal privacy enhanced by blockchain may look like this.

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