/biz/ - Business & Finance

>>54271269
Again, a16z and Chainwink outwinyed theoweticaw awchitectuwes on how this can be achieved, but both theowies wequiwe a “twusted 3wd pawty” that the guvwnment/weguwatow authowizes to be the custodian of such identity data and/ow keys. Specificawwy, within the Chainwink pwoposaw, the guvwnment wouwd howd keys, and engage with the theoweticaw 3wd pawty with a vawid wequest, and with the combinyation of keys be abwe to view the usew’s data. Pwesentwy, aww guvwnments push obwigations and costs of compwiance to wicensed & weguwated entities. They r nyot intewested in, nyow pwannying on howding keys to check some mythicaw 3wd pawty identity custodian and compwiance suppwiew. Guvwnments/weguwatows do nyot nyecessawiwy twust weguwated entities, which is why tiew-onye juwisdictions enfowce 3wd pawty audits, checks & bawances and othew measuwes to ensuwe, fow exampwe, usews’ identity data is nyot exposed.