CoinDesk published this video item, entitled “A ‘Best of’ Holiday Special of 2021: India’s Digital Identity System” – below is their description.
Greater privacy and control over one’s data is one of the great promises of Web 3.0 and decentralized platforms leveraging blockchain technology. To what extent could these emerging platforms disrupt controversial digital identity programs such as those in India? “Money Reimagined” co-hosts Michael Casey and Sheila Warren explain why this episode that originally aired September 15th is one of their favorites. Joining them are Dr. Usha Ramanathan, a lawyer and human rights activist in India, and Marta Belcher, general counsel of Protocol Labs and chair of the Filecoin Foundation.
CoinDesk YouTube Channel
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About This Source - CoinDesk
CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017.
The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.
Filecoin was founded by Juan Benet, who also created the Interplanetary File System. Benet is an American computer scientist who studied at Stanford University.
India, officially the Republic of India, is a country in South Asia. It is the second-most populous country, the seventh-largest country by land area, and the most populous democracy in the world. New Delhi is the capital.
It has an exceptionally diverse population, with Hindus, Muslims, Christians, Sikhs, Buddhists, Jains and other religions speaking over 21 recognised languages.
