This reminds me of a previous job. The management—none of which were technical people—just loved the idea of investigating “the blockchain” and “IoT” and “machine learning” and “AI”, but had no clue what it meant. I left after a couple of months. Has anyone else read this article and had the same experience as me? I genuinely second guess myself when reading it: have I lost the ability to read? Am I stupid? I read al…
Regarding the meaning of 'formalizing humans on the blockchain" - I think the point here is, social media and the nation-states (driver's licenses, passports) are the centralized entities that control formal identity - this project is layout out an approach to decentralize the ability for a person to claim a digital ID, which is a keystone challenge to be met for digital governance to not be overrun with bots and sybils like current social media platforms are.
Also if you research the co-founder, he is a college drop out game developer and founder of a political party in Argentina - pretty far from an MBA type.