After Mr. Modi came to power in india in 2014, KYC in banks became compulsory, banks and indian govt now own biometric data(Finger and retina scan) of every Indians ~1.42 Billion People.
Though they banked 478 Million people, but they made KYC compulsory.
And because of centralised data storage, they couldn’t secure those data and nearly 1.1 B Indian’s data has been leaked. This is the largest in the world. 🤯. Yes my biometrics are also compromised in this leaks.
I am saying this because as nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc mentioned in one of his article that “Whole idea of money is to NOT KNOW YOUR CUSTOMER”.
What is the solution? Do #Bitcoin or #nostr provide safe data storage option? Jason lowery talks about it.
What’s your thoughts?
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc
nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424
nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m
nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
nostr:npub129z0az8lgffuvsywazww07hx75qas3veh3dazsq56z8y39v86khs2uy5gm
https://dergigi.com/2022/12/18/a-vision-for-a-value-enabled-web/