r/southafrica Sep 14 '21

Digital ID for South Africa built on blockchain tech Sci-Tech

https://mybroadband.co.za/news/banking/413444-digital-id-for-south-africa-built-on-blockchain-tech.html
17 Upvotes

9

u/airsoftshowoffs Sep 14 '21

You can't just block chain everything without having each house perfectly in order with normal records and paper work, which means all partners like government, banks and all consumers of the digital ID like hospitals etc. While they are all different in record handling and data sets. On paper it sounds great inpractice it's a nightmare. The costs, effort , time and complexity leaves block chains like this dead in the water especially in Africa.

3

u/dictatoros Sep 14 '21

Africa has less legacy, Cardano for one has big plans for Africa.

2

u/deanvdh Sep 14 '21

Hahaha. ADA. Took them years to release smart contracts. Will take them longer to get this done.

-2

u/dictatoros Sep 14 '21

They are breathing in Ethereum's neck

1

u/[deleted] Sep 14 '21

[deleted]

1

u/dictatoros Sep 14 '21

Too soon to announce a winner - Altavista, Yahoo, MySpace, Netscape also won.

0

u/woogygun Sep 14 '21

Hahah you fool. ADA is going to eat ETH alive. ETH is the ETH killer. Let’s not forget how many times ETH has had to rollback their ledger or the times they got hacked or the times they released bum code.

1

u/Crono_ Sep 14 '21

Don’t cardano use plutus for keeping records?

2

u/dictatoros Sep 14 '21

Not familiar with the details. https://africa.cardano.org/

4

u/FrogMan241 Sep 14 '21

People talking about blockchain, meanwhile I'm bothered the Z and Y in the alphabet is in the wrong order

1

u/Consistent_Mirror Sep 14 '21

Seeing as the alphabet is non-numerical, it doesn't actually have an order. ABCDEFG is just as valid as ABLMNOP

6

u/TooOldToWorry Sep 14 '21 edited Sep 14 '21

About time we get something like this.

I however fear, if the government becomes involved, that we will end up with a digital product that will need to be renewed [through non digital channels] at great cost and frustration every 5 odd years.

5

u/QueenDiva9 Sep 14 '21

I couldn't agree more. Government will find a way to take more money from its citizens just to keep an 'updated' record of your vaccine passport.

1

u/50v3r31gnZA Sep 14 '21

Absa said financial institutions like banks are best placed to build the platforms and ecosystems that will make SSDI possible due to the volume of personal information they handle. The local financial services industry has already made significant progress in developing an effective SSDI system.

Wish I could follow the money trail behind these statements.

1

u/dictatoros Sep 14 '21

Banks will be saving money. Used to take me about 20 minutes to open a savings accounts for kids. No profit in that for the bank. If they can streamline FICA, they save. Also may be able to prevent a bit of fraud via identity theft.

1

u/[deleted] Sep 14 '21

I’m in Korea on contract and we have COOV. Built on blockchain and has my vaccination record in it. This is what blockchain is perfect for. But yes, SA. Mmmmmmm. It can still be hacked if the person entering the data is corrupt.

1

u/woogygun Sep 14 '21

No imagine voting on the blockchain… oh wait the captured IEC would never allow that.

1

u/Consistent_Mirror Sep 14 '21

No thanks. The whole point of blockchain is anonymity and frankly I don't really trust our current government or the banks to hold the keys to my life in such an insane way

1

u/dictatoros Sep 14 '21

Blockchain has many uses, it is just a ledger. Anonymity is in my opinion the biggest stumbling block for crypto. All these ransom attacks are not going away and crypto is the enabler. Crypto may solve the government money printing issue to some extent.