In the United States, approximately 13 million voting-age citizens do not have proper and updated identity documentation.
One study showed that this gap in documentation directly prevents low-income individuals from accessing basic services, noting: “An officially-recognized form of ID is the key enabler – critical not only for exercising a wide range of rights but also for accessing healthcare, education, finance, and other essential services.”
The very access to ID(entity) is a luxury, over 1.1 billion individuals worldwide do not have.
How many of you have been asked to show your ID(entity) and had to pull out a driver’s license, a passport, a visa, etc.
These pieces of paper are the documents that prove who you are.
They are needed for when you drive a car, when you enter a bar, when you go to school, and when you want to open a bank account.
It is almost impossible for individuals to live in our world without having access to any of the opportunities and services above.
Blockchain for Change (BCC), a New York City-based startup, recognizes that a digital identity coupled with security of personal information and financial inclusion is the foundation to build social wealth and capital.
Thanks for reading.