[Analysis] Solving identity for the new decentralized economy - Imran Khan

The identity solutions need to be designed with the future in mind not the present according to Imran Khan. Network effects and data collection have transformed the sharing of digital identities, with most services paying to use your identity. Nakamoto's consensus algorithm has given rise to a host of new systems, including decentralized ID management. From Microsoft's Identity Overlay Network (ION) built on top of the Bitcoin ($BTC) state to Coinbase's Decentralized Web Attestations, which allows user authentication without losing data sovereignty, multiple firms are competing to undercut today's data hoarding giants like Facebook or Twitter.