alt Hacker NewsHow does a passport solve that? Most small private companies are entirely opaque. A government ID doesn't help you determine authorization. It won't even help you determine ownership since anyone doing things sensibly will be using a registered agent to hold the company on his behalf.
The correct approach here (AFAIK) is to punt the trust decision to the bank by requiring payment with a method that you can confidently trace to the company.
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kube-system • today at 2:19 AM
Yeah I would imagine that the value the get out of a passport is not anything to do with validating a company (they’re cheap and easy to make anyway) but validating the person (which is not a throwaway entity)
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My government ID card expired and I was too lazy to renew it but I had my passport at hand so why not?
BTW both the id card and the passport have cryptographic authentication and you are able to open a bank account or use govt services completely online by scanning it with the phone Rfid . They could have make me scan that, scan my face and be done with the identity verification. My identity is already verified and tied to my company the same way and also listed in the companies registry which means they could have had skipped all the other company verification stuff too.