Hacker News new | past | comments | ask | show | jobs | submit login

Nobody really has "control" of their SSN anymore; most have been leaked one way or another. The only effective control is locking your credit files.

Even if you generate a new private key for every loan it wouldn't help much. A significant fraction of borrowers will still lose control of their keys during the life of the loan. So the reality is that to make such a scheme workable would require one or more trusted central authorities to perform identity management and key recovery. Who would do that work and what's the funding model?




Applications are open for YC Winter 2020

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact

Search: