Europe has opened a door to a universal wallet
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Europe has opened a door to a universal wallet
1–10 of 44 posts
Re: Europe has opened a door to a universal wallet
#2So one stolen phone really is enough to now "steal one's identity", at least insofar as payment, day-to-day access to (and government tracking of) e.g. transportation, and other daily activities?
And how are damaged phones handled?
I feel like far too much faith is being invested in far too fragile, fungible devices.
Re: Europe has opened a door to a universal wallet
#3I wish this kind of projects were being on prediction markets, so I could make good money by betting on them failing, like they always do.
Re: Europe has opened a door to a universal wallet
#4[deleted]
Re: Europe has opened a door to a universal wallet
#5So one stolen phone really is enough to now "steal one's identity", at least insofar as payment, day-to-day access to (and government tracking of) e.g. transportation, and other daily activities? And how are damaged phones handled? I feel like far too much faith is being invested in far too fragile, fungible devices.
I read this article and was confused. Lot of asian countries already provide digital identities, its not some utopian impossibility. I often carry only my phone out of the house. Sure its convenient, but there are downsides as well.
You have to maintain infra for two major mobile oses (which you have no control over with apple and google as the gatekeepers). You also stifle innovation in the mobile space (ultimately the government will only produce an iphone and an andeoid apk).
Identity theft via scams is super easy. You dont need to stsal devices you just nred to convince ppl to hand over their identities.
Along with that there is the whole cybersecurity nightmare which Ive frankly found government agencies world wide the least competent in handling.
Finally while digitisation makes processes easier, governments also tend to become lazier about servicing corner cases. Lets say for some reason you dont have some information for a form or need some special assitance woth a process, earlier you would be harassed by incompetent officials, but with sufficient fervor youd be able to get the job done. Now, with automated systems you will never be able to get help cause there is nobody to help you.
Re: Europe has opened a door to a universal wallet
#6That website is just blank for me. Edit: Even on multiple browser.
Re: Europe has opened a door to a universal wallet
#7So one stolen phone really is enough to now "steal one's identity", at least insofar as payment, day-to-day access to (and government tracking of) e.g. transportation, and other daily activities? And how are damaged phones handled? I feel like far too much faith is being invested in far too fragile, fungible devices.
stealing it and having an exploit to unlock it
Re: Europe has opened a door to a universal wallet
#8I wish this kind of projects were being on prediction markets, so I could make good money by betting on them failing, like they always do.
You can add it to a prediction market. Though you won't make good money if everyone else also thinks it will fail.
Re: Europe has opened a door to a universal wallet
#9So one stolen phone really is enough to now "steal one's identity", at least insofar as payment, day-to-day access to (and government tracking of) e.g. transportation, and other daily activities? And how are damaged phones handled? I feel like far too much faith is being invested in far too fragile, fungible devices.
It's already like that in countries like Denmark. A lot of people just walk around with just the phone, use apple/google wallet or MobiePay for payment, app for drivers license, Public Transport app slowly gets rolled out. Most of it is secured by 2fa from MitID.
You would also need to steal their fingers / faces.
But AFAIK for everything you can have a physical backup.
Re: Europe has opened a door to a universal wallet
#10So one stolen phone really is enough to now "steal one's identity", at least insofar as payment, day-to-day access to (and government tracking of) e.g. transportation, and other daily activities? And how are damaged phones handled? I feel like far too much faith is being invested in far too fragile, fungible devices.
stealing it and having an exploit to unlock it
Wonder how long until people get desperate enough to steal phones and the owner's thumb...