Most teenagers are excited for their 18th birthdays because they can legally get a tattoo, rent an apartment, or maybe go ski diving. I was excited because I was finally going to be able to buy into cryptocurrency, a concept that had already fascinated me for months prior to my 18th. That was a little less than 14 months ago, but I have never been so glad that I did anything. I have always had an infatuation with economics, the distribution of wealth, and how society functions in respect to currency. The idea that cryptocurrency could disrupt the current economic system fascinates me to no end. When I first got…
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Like precious little snowflakes, our fingerprints are allegedly unique. Maybe our Social Security numbers can be even more secure than that (via Pixabay).Opinion | Why we need a blockchain-based Social Security number
Blockchain technology offers a practical solution to solve a massive looming problem
There are a number of failed old technologies which we live with every day. Some are jokes (such as the story that train tracks are based on Roman war chariots), but some are real,like the fact that social security numbers (SSN) were created in 1936 exclusively track of earnings. Since 1936, Social Security numbers have been adapted to be a unique identifier for each person in the U.S. This number is used to open bank accounts, track credit history, apply for employment, apply for security clearances, etc. The number is often issued at significant moments for an applicant—around birth or entry into the United States, for instance—and usually never changes…